4Denzel is checking hiS state's government website regarding applying for a tax ID number for

Question

his business. What would be the determining factor for obtaining a tax ID number or employer
identification number (EIN)?

(1 point)

○ Professional representation

○Legal capacity

○ Structure of business ownership

○ Contractual obligation

Answer 1

The determining factor for obtaining a tax ID number or employer identification number (EIN) is:

○ Structure of business ownership

The structure of the business (such as sole proprietorship, partnership, corporation, or LLC) influences whether an EIN is required.