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Updated about 4 years ago,
Obtaining SDIRA LLC EIN Number
Hello everyone.
I am trying to create an SDIRA LLC EIN number. I followed the instructions from the trust company to register the business. The trust company will not advise on the EIN number but refers me to my CPA/Accountant. I contacted them and they want $1200 bucks to register the SDIRA LLC for an EIN number. A cost I find ridiculous.
I went to IRS.Gov, clicked on apply for EIN number, then when it asks, "What type of legal structure is applying for the EIN," I chose, "View additional types, including tax exempt and governmental organizations." On the next screen, it lists the other types, and I chose "IRA." A few screens later, it asks for your qualifying ss number. I keyed in my number and followed the prompts. I entered my LLC business name but when the EIN issues, it stated my name, IRA.
I tried the other way where I chose LLC as the legal structure. I chose the number of members as 1 (the SDIRA) and the state. I chose "start a new business" but the next screen only allows for an owner/member. I can only be the manager per the trust company.
Can someone please advise how to correctly obtain the EIN number for a SDIRA LLC?
Thank you so much!! Lisa