So I make up a phony name for a non-existent business, sent it to the IRS who issued me an EIN. I put that into the form and paid the tax.For future reference and for lurkers, this was a totally unnecessary exercise in MSU. Despite the name Employer Identification Number, one doesn't need a business, let alone employees, to get one. You tell them that it's for an individual and they don't go looking for any kind of income report under the EIN.I do not understand your reply -- this does not mean I disagree with it.The issue in question was I bought a single payment annuity from a Swiss insurance company. This, in contrast to a US issued annuity, is subject to a 1% federal excise tax. And that is paid on some form or other, and that form requires an EIN. I assumed I could just put my SSN in there, but the IRS rejected it. That is why I got my own EIN. This would have been in 1996, if I remember correctly.I do not know what MSU is.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra