If a self proprietor gets a Tax ID Number, the 1040 shows the social security, do you enter Social Security on Schedule C? How do you link the TIN and Social Security on TurboTax? Thanks.
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4 years ago
1040 filing and TIN
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4 years ago
Personally I put my Social Security Number on the 1040, and the EIN on Schedule C.
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4 years ago
I assume you are talking about an EIN. TIN is a broad category that includes several different kinds of numbers. A Social Security number is a TIN. An EIN is a TIN. See the following link on the IRS web site.
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In the section of the TurboTax interview that asks for basic information about your business, it asks whether you have an EIN. If you answer Yes it gives you a box to enter your EIN.
TurboTax will put the numbers in the correct place. Your Social Security number will be on the top line of Schedule C, to the right of your name. Your EIN will be on line D of Schedule C.
Bob Sandler
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4 years ago
Thanks a lot!