Settling an estate often requires obtaining a Tax ID Number (also called an EIN) to manage finances, file taxes, and handle distributions. If you’re wondering how long does it take to get a tax ID number for an estate, here’s a clear breakdown.
How Quickly Can You Get It?
- Online: Applying through the IRS website usually results in instant approval.
- Fax: Submitting Form SS-4 by fax takes about 4–7 business days.
- Mail: Mailing the application may take 4 to 6 weeks for processing.
Best Method: Online Application
The fastest and most efficient method is using the IRS EIN Assistant online. If everything is in order, you’ll receive your EIN immediately after submission.
Requirements for Estate EIN:
- Legal name of the deceased
- Executor or administrator info
- Probate court details (if applicable)
- Form SS-4 properly completed
Why the Estate Needs a Tax ID
An estate tax ID (EIN) is required to:
- Open a bank account in the estate’s name
- Report estate income through IRS Form 1041
- Withhold and remit taxes, if applicable
- Distribute assets legally
Final Answer
So, how long does it take to get a tax ID number for an estate?
- Online: Instant
- Fax: 4–7 business days
- Mail: 4–6 weeks
To avoid delays, ensure your application is accurate and complete. You can also use FormLLC.us for professional EIN filing assistance.
