Financing, tax rates, and accounting
When getting a EIN from the IRS in the "What does your business or organization do?" section. Which of these should I pick I have a general store I'm dropshipping from aliexpress? The images are from a video on YT.
Hi @GalaxyRed,
Ted here from Shopify, thanks for posting your query!
It looks like 'Retail' as shown in the second screenshot should suffice. What happens after you select this option?
More info regarding Employer Identification Number's can be found here for anyone that is looking for more info.
Many thanks,
Ted | Social Care @ Shopify
- Was my reply helpful? Click Like to let me know!
- Was your question answered? Mark it as an Accepted Solution
- To learn more visit the Shopify Help Center or the Shopify Blog
I went to the IRS website to the EIN section I picked Sole Proprietor since this is my first time doing a business I don't have any employees, filled in my SSN and address, but the thing is it didn't show me what kind of business I was doing it just shows details and on the next tab it shows EIN confirmation?
Hi @GalaxyRed,
Thanks for sending those screenshots! It appears as though you are doing it correctly, so could be that the tutorial you were following previously needs to be updated. That said, we would always recommend contacting IRS' customer support for more info if you're unsure.
If there is anything else I can help you with, please let me know, I'm happy to help!
Many thanks,
Ted | Social Care @ Shopify
- Was my reply helpful? Click Like to let me know!
- Was your question answered? Mark it as an Accepted Solution
- To learn more visit the Shopify Help Center or the Shopify Blog
User | RANK |
---|---|
3 | |
2 | |
1 | |
1 | |
1 |
On our Shopify Expert Marketplace, you can find many trusted third party developers and fr...
By Arno Nov 27, 2023You've downloaded the Search & Discovery app from the Shopify App store, and as you're ...
By Skye Nov 8, 2023The year-end shopping season is just around the corner. Is a flash sale on your radar? Are...
By Jasonh Nov 6, 2023