How do you fill out a W-9 for a LLC?

Question

I am a one person business registered as an LLC. Do I need to check the box on the form that says " Limited Liability Company" and then I have to enter tax classification and this is what I have no idea about. Do I need to choose C Corp, S corp, Partnership, or Trust/estate?

Answer 1

From the IRS standpoint a single member LLC is a disregarded entity. Therefore for purposes of a W9 you have to put your own name first in the top box, in the one below it put the name of your LLC. You check the individual/sole proprietor box NOT the LLC box. Now to choose the proper TIN number to use - in most cases this will be your ss#. You can NOT use the EIN (if any) assigned to the LLC because that number is only for use in payroll and excise taxes, however if you have what's called an Owner's EIN (in other words the EIN you requested from the IRS is in your personal name not the name of the LLC) you can opt to use that instead of your ss#. Hope that helps clear it up.

Answer 2

This Site Might Help You.



RE:

How do you fill out a W-9 for a LLC?

I am a one person business registered as an LLC. Do I need to check the box on the form that says " Limited Liability Company" and then I have to enter tax classification and this is what I have no idea about. Do I need to choose C Corp, S corp, Partnership, or Trust/estate?

Answer 3

W9 For Llc

Answer 4

Unless you opted to have your LLC taxed as a corporation, which would be dumber than setting up an LLC in the first place for 95% of the people who do so, your LLC is treated as a Sole Proprietorship. Therefore you check the individual/sole proprietor box and do not check the LLC box.



Anticipating the next question, no, you are not an exempt payee.



Out of curiosity, why did you set up an LLC in the first place? Especially as, by your own admission, you don't know what you are doing?

Answer 5

Hi, I am kind of puzzled as to why you are using a form W-9.



Here is a section taken from the irs website on the instructions for a form W-9:



Use Form W-9 to request the taxpayer identification number (TIN) of a U.S. person (including a resident alien) and to request certain certifications and claims for exemption.



Below are 2 website links that may help.

1. Information on filing as a one person LLC

2. Instructions about form W-9



Hope that helps.

Answer 6

how are you reporting the LLC? as a corp or sole proprietor?

Answer 7

you are a corporation, and should have a EIN from the IRS to fill in.