When non-resident LLC owners need an ITIN, how to apply, and the difference between EIN and ITIN.
By Alif Al Razi, Tax & Compliance Lead, Anonymousllc.co
When non-resident LLC owners need an ITIN, how to apply, and the difference between EIN and ITIN.
Anonymous LLC tax treatment is identical to any other LLC. The anonymity feature affects state public records only — it has zero impact on federal or state tax obligations. The IRS always knows who owns the LLC through the EIN application and tax filings.
Single-member LLCs are disregarded entities (Schedule C). Multi-member LLCs are partnerships (Form 1065). Both can elect S-corp (Form 2553) or C-corp (Form 8832) treatment. Foreign-owned single-member LLCs must file Form 5472 annually ($25,000 penalty for failure).
Anonymousllc.co handles LLC formation, EIN, and BOI compliance. For tax filing, work with a CPA experienced with LLC taxation. We can coordinate with your CPA on formation documents and EIN assignment.