thread Do you need a EIN to sell on square for tax purposes. in Archived Discussions (Read Only)

Do I need a Tax ID or EIN to use Square for business?

AllWashedUp — Fri, 27 Oct 2017 22:08:34 GMT

The title of this thread was updated from its original title: “New to square , need assistance”.

I recently decided to go with square instead of just accepting cash and checks. My business is services rendered not a storefront or a company with an inventory. I have yet to register my business yet . To accept payments without a problem to be transfered to my bank account , would I be required to have a business tax ID, ein number , ect. Or would I just be able to charge a payment to go directly into my personal bank account untill I get sufficient funds to organize my business professionally .

Thanks for all of your help and time .

Bryce [personal information redacted]

Re: New to square , need assistance

VanKalkerFarms — Thu, 26 Oct 2017 09:38:39 GMT

you do not need to have an EIN to set up a Square account per this link

Re: New to square , need assistance

Russell — Thu, 26 Oct 2017 16:06:24 GMT

Hey there @AllWashedUp - welcome to Square! 🎉

@VanKalkerFarms is right, you can use Square for your business without using an EIN. Since you are new to Square, make sure to check out our Get Started Guide.

Don't hesitate to follow up with us if there's anything further we can do to help.

Re: New to square , need assistance

AllWashedUp — Thu, 26 Oct 2017 23:27:32 GMT

Thank you both so much for your input. I appreciate the help .

This reply was created from merging an existing thread: T...

LeeP — Mon, 15 Apr 2019 22:08:18 GMT

This reply was created from merging an existing thread: Tax EIN

Should I get a tax EIN number from my tax preparer and enter it in at a later time? If so how do I enter it in?

Thanks,

leanne

Re: Tax EIN

Helen — Mon, 15 Apr 2019 22:07:29 GMT

@LeeP You can use Square without an EIN. If you do get an EIN at a later date you can add it from your online Square Dashboard:

Sign in to your account at squareup.com/dashboard.
Click Account & Settings > then click Business > Tax Forms.
Click on a location name/your business name to enter your EIN.

If you have any other questions about this reply here!

Re: Tax EIN

LeeP — Tue, 16 Apr 2019 01:50:39 GMT

Thank you! I appreciate it!

Do you need a EIN to sell on square for tax purposes.

the216kids — Wed, 13 May 2020 03:08:58 GMT

Do you need an EIN to sell on square for taco purposes

Thanks Angelo

Re: Do you need a EIN to sell on square for tax purposes.

nika — Thu, 14 May 2020 15:11:43 GMT

Hey there @the216kids! Take a peek at this thread for an answer to your question. 👍

Question about correct Tax Registration

Ameliasbows — Mon, 17 Aug 2020 21:22:26 GMT

I have been using square since 2019 occasionally to process credit transactions. During this time sales linked to my bank and did not charge taxes through square. This was set up with my ss #. Now I have purchased Square Register with cash drawer and printer. Should this account be listed with ss# or the fed tax # I have always had. I wanted it listed properly since I now charge taxes for the local rate and is shown on my sales.

Re: Question about correct Tax Registration

nika — Wed, 19 Aug 2020 12:50:07 GMT

Congrats on your Register purchase @Ameliasbows!

I merged your post to this thread that should help point you in the right direction. Feel free to ask any other questions that you might have!

Re: Do I need a Tax ID or EIN to use Square for business?

isabelle — Tue, 13 Oct 2020 23:52:02 GMT

Hey everyone! 🌸

You do not need a Tax ID or EIN to create an account with Square. However, you will need to enter an SSN to create the account.

Learn more about the requirements for creating a Square account here.

[Updated by Moderator on October 13th, 2020]