Should an Estate of a Deceased Individual Apply for a Federal Tax ID?

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Upon a person’s death, an executer is in charge of managing the assets left behind. It is mandatory to pay taxes on these assets, also known as the estate. This responsibility requires the executer to obtain a Federal Tax ID Number or Employer Identification Number.

The executor is granted Letters of Testimony by a probate court to act on behalf of the deceased regarding all legal and tax issues of the estate. The assets of the deceased include everything owned at the time of death such as:

  • Money
  • Land
  • Buildings
  • Furniture
  • Automobiles
  • Personal belongings

Items like these are typically passed down to heirs or beneficiaries, and it is the responsibility of the estate executer to ensure these transactions are handled in a legal, professional manner.

The executer must also take charge of paying off any outstanding debts or creditors. Obtaining an EIN is especially crucial when the estate continues to operate a business subsequent to the death of the owner. In this case, it is necessary for the estate executer to get a new EIN for the business.  The IRS EIN Tax ID Filing Service can help you procure an estate tax ID number with just a few simple steps.

How to Apply for Estate of Deceased Individual Tax ID

The IRS EIN Tax ID Filing Service allows you to get an IRS estate tax ID by just filling out the forms online.

  • From the IRS EIN Tax ID Filing Service homepage, select the box towards the middle right of the page titled, “Estate of Deceased Individual”
  • You will automatically be redirected to the appropriate form
  • Fill out all required information
  • Read and accept the customer agreement
  • Enter the EIN or Tax ID recipient information, making sure the email address provided is correct, as this is where the Tax ID number will be sent upon approval

Whether you need a new EIN or a Federal Tax ID for the estate of a deceased individual, the IRS EIN Tax ID Filing Service makes the process as easy as possible. Start your application today by completing the form.

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