TaxBandits Knowledge Base

What type of TIN should a disregarded entity report if it qualifies as a reporting company?

A disregarded entity that is a reporting company must provide one of the following types of Taxpayer Identification Numbers (TINs) on its beneficial ownership information report if it has been issued a TIN, an Employer Identification Number (EIN), a Social Security Number (SSN), or an Individual Taxpayer Identification Number (ITIN). If a foreign reporting company has not been issued a Taxpayer Identification Number (TIN), it should report the tax identification number issued by a foreign jurisdiction and the name of that jurisdiction.

Different types of tax identification numbers may be reported for disregarded entities under various circumstances:

• If the disregarded entity has its own EIN, the entity may report that EIN as its TIN.
• If the disregarded entity does not have an EIN, the entity can instead provide another type of TIN or, if a foreign reporting company has not issued a TIN, a tax identification number issued by a foreign jurisdiction and the name of that jurisdiction.
• If the disregarded entity is a single-member LLC or has only one owner, that is an individual with an SSN or ITIN, it may report that individual’s SSN or ITIN as its TIN.
• If the disregarded entity is owned by a U.S. entity that has an EIN, the disregarded entity may report that entity’s EIN as its TIN.
• If the disregarded entity is owned by another disregarded entity or a chain of disregarded entities, the disregarded entity may report the TIN of the first owner up of the chain of disregarded entities that has a TIN as its TIN.