Key Takeaways

  • EIN = business "SSN" (9-digit federal tax ID).
  • Required if: employees, corporation, partnership, retirement plan.
  • Sole prop: SSN sufficient unless employees or retirement plan.
  • New EIN required: incorporation, death of sole prop, new partnership.
  • NOT required: name change, S-election, check-the-box.
  • Responsible Party change: report within 60 days (Form 8822-B).
Last updated: January 2026

Employer Identification Number (EIN)

Why This Matters for the Exam

EIN requirements are frequently tested. Know when a new EIN is required vs. when the old one continues.

Expect at least 2-3 questions on EIN.

When EIN Is Required

TriggerEIN Required
Have employeesYes
Corporation or PartnershipYes
Trust or Estate (Form 1041)Yes
Retirement plan (Keogh, 401k)Yes
Excise tax returnsYes
Sole prop (no employees)SSN sufficient

When NEW EIN Is Required

ChangeNew EIN?
Sole prop incorporatesYES
Death of sole proprietorYES (for estate)
Partnership terminates, new formsYES
Corporation receives new charterYES

When NEW EIN Is NOT Required

ChangeNew EIN?
Name changeNO
Address changeNO
C-Corp elects S-statusNO
LLC check-the-box electionNO
Partnership adds partnerNO (usually)

Form SS-4

MethodDetails
OnlineFastest (Mon-Fri 7am-10pm EST)
Fax/MailRequired if no US SSN/ITIN
Third-party designeeEA/CPA can apply on behalf

Responsible Party Rule

ElementRequirement
DefinitionIndividual with control over funds/assets
Change reporting60 days (Form 8822-B)
RiskOutdated info = notices to wrong person

Real-World Scenario

Scenario: Sole proprietor incorporates and receives new state charter.

  • Old EIN: Cannot continue (different legal entity).
  • Action: Apply for new EIN using Form SS-4.
  • Timeline: Immediate upon incorporation.

On the Exam

Expect 2-3 questions on EIN, typically:

  1. New EIN Questions: "Sole prop incorporates—new EIN?"
  2. Responsible Party Questions: "How many days to report change?"
  3. S-Election Questions: "Does S-election require new EIN?"

The key is to remember: New EIN if structure changes (incorporation, death). Same EIN if name/address/S-election. Responsible Party = 60 days.

Test Your Knowledge

Sole proprietor incorporates with new state charter. New EIN required?

A
B
C
D
Test Your Knowledge

Deceased sole proprietor business continues 6 months. EIN requirement?

A
B
C
D
Test Your Knowledge

Responsible Party changes. Report within how many days?

A
B
C
D