Can I Use My Federal Tax ID as Soon as I Receive It?

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When you apply or reapply for EIN number, or Employer Identification Number, it usually takes 24 hours for you to receive your number. All applications are processed and EINs sent via email the same business day, usually within an hour or less after submitting. If submitted past 7pm EST, the EIN will be processed and delivered on the next business day. A common question that you too might be wondering about is whether or not you can start using your tax ID number immediately, or if you need to wait before being able to utilize it. In reality, the answer to this question is slightly more complicated than you might think. There are some things you can do immediately upon receiving your EIN, and there are some things which take more time.

Get Ahead By Using IRS EIN Tax ID Filing Service

Regardless of whether you are applying for a non profit organization tax ID number, a church tax ID number, or a standard Employer Identification Number, you need to be aware of what you can do immediately upon receiving it and what you must wait to do. While you will receive your EIN within 24 hours in most cases, it usually takes about two weeks for the IRS to officially document your number in their permanent records and mail you official documentation. Until this happens, you cannot use your EIN for its most common purpose: filing a tax return. This means that if you need to file a tax return, you need to apply for an EIN with enough time in advance to receive the official documentation after a few weeks. Allowing for additional time in case of an error in tax ID application or a mistake in EIN application is a good idea. However, you can use your EIN to open a bank account in your company’s name or apply for permits or licenses as soon as you receive it after just 24 hours.

IRS EIN Tax ID Filing Service strives to help all business owners succeed. That is why we make the official application process for many government applications simpler. Learn more about how IRS EIN Tax ID Filing Service can help your business.

Once you apply online for a fed tax ID, it should take approximately 24 hours for your order to process. Once the order has been fulfilled, you’ll receive your tax ID number, also called an Employer Identification Number (EIN) via email. To check up on it, you can also check status of EIN online.

You can begin using your tax ID number as soon as you get it to do things, with a few exceptions.

It takes approximately two weeks for the Internal Revenue Service (IRS) to mail all the official documentation to you. During those two weeks the IRS also files your documents in its permanent records. Until you receive official documentation from the IRS, and until it has filed the documents internally, you will not be able to use your EIN to file a tax return, or make an electronic tax payment.

This is why it’s important for all fed tax ID applicants to apply for their tax IDs or EINs well before they need to file a tax return. To ensure you have the proper documentation, apply early and give yourself time to wait for final processing.

Using Your Tax ID Immediately

Although you won’t be able to file a tax return immediately, there are several business activities you will be able to accomplish immediately after you receive your tax ID or EIN.

For example, you will be able to open a bank account in your company’s name and apply for local permits or licenses. You do not need to wait for final processing to do these things.

How to Apply for a Federal Tax ID Online

 Applying for an EIN online is easy and only takes a few minutes. Online applications are faster than other EIN or tax ID application processes, so using them could help expedite the process if you need to file a return or make a tax payment.

Select Your Entity Type to Apply for a Federal Tax ID Today