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surfered

(10,435 posts)
1. Potentially yes. Probably not, due to the low dollar amounts involved.
Thu Nov 20, 2025, 08:35 PM
Thursday

I can’t believe a bank opened an account with no taxpayer ID #. Without an ID#, the IRS doesn’t know you exist.

If the bank ever asks for one, then you might want to get legal. To get legal. You need an entity, an employer ID# from the IRS, and apply for non profit status with the IRS using Form 1024.

Instead of going back in time, I would suggest starting the application as a new entity, letting sleeping dogs lie.

After IRS determination as a non-profit, entities that have revenues of less than $50k per year only file an annual electronic post card with no financial information.


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