Denzel is checking his state’s government website regarding applying for a tax ID number for his business. What would be the determining factor for obtaining a tax ID number or employer identification number (EIN)? (1 point) Responses Professional representation Professional representation Legal capacity Legal capacity Structure of business ownership Structure of business ownership Contractual obligation.

Answer 1

The determining factor for obtaining a tax ID number or Employer Identification Number (EIN) is primarily Structure of business ownership. This includes whether the business is a sole proprietorship, partnership, corporation, or LLC, as the type of ownership influences the requirements for obtaining an EIN.