The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Estimated Tax Payments using EIN||Date: 6/12/2005 11:28 PM|
|Author: convergenceman||Number: 79669 of 121219|
I'm a sole proprietor with an EIN for my consulting business. The reason I applied for the EIN was to establish an i401k plan which allows a generous profit sharing contribution (tax sheltered of course).
My question is this - the 1040ES estimated tax payment vouchers appear to require that I list my Social Security number, can or should I put my EIN here instead? If I use my Social, will I have problems with the IRS later with the tax-free money that I'm putting into the i401k?
The estimated tax forms for businesses look like a huge pain so I'm trying to avoid these if possible.
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