How do I apply? You can apply online. You will be asked to provide an Employer Identification Number (EIN). If you already have an EIN, you can use it. If you do not have an EIN, you can obtain one from the IRS by calling 1-800-829-4933. Once you have received your EIN, you can apply by going to https://www.irs.gov/Individuals/Apply-for-Employer-Identification-Number . The Employer Identification Number (EIN) is required on your application. The application will take about two minutes. After submitting the information, select the “I’m Ready to Submit” button. You will then be redirected to the IRS website, where you will be asked to provide your credit card number. The IRS must receive your credit card number by April 15.
Payment. The Employer Identification Number (EIN) must be included on payment. If the IRS receives a payment without an EIN, the payment will not be accepted. There are no deductions from the annual contribution for IRA holders. If you are an employee who received a direct deposit of this contribution, you will not receive a paper check. Instead, your pay will be automatically deposited into your IRA. For information about direct deposits, visit the IRS Wage and Income Tax Questions page.
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