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Tax ID number in order to receive a deposit?

Was just wondering if any of you guys have a tax ID number in order to receive deposits

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Typically your tax ID number is your personal SSN (for DBA's and sole proprietorships), unless you actually have a registered business, partnership or corporation.

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Square Community Moderator

@Diyguys A Federal Tax Identification Number is used to identify a business entity.

 

Generally, businesses need an EIN for tax reporting purposes, however you do not need this information to receive deposits from Square. 

 

 

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