I recently established a Limited Liability Corporation (LLC) and sought to update my tax information accordingly. However, despite diligently entering all the necessary details as per the instructions provided by the Internal Revenue Service (IRS), I continue to encounter an error. I kindly request your assistance in resolving this matter.
Error:
The Name and Tax ID provided do not match IRS records. Please review your previous inputs and ensure the "Name" line is the correct name associated with the Tax ID provided. You should complete the tax information for the individual or business that will report the income on a U.S. income tax return. If you are completing the tax interview on behalf of a single member LLC, generally the owner’s Name and Tax ID would be provided.
If this is a "Single Member LLC" you don't have to change anything. The tax authorities and Amazon consider Single Member LLC as INDIVIDUAL and not as business.
All this has nothing to do with Amazon's Individual and Professional selling plan.
That is, I can't even use my business bank account that I opened for LLC?
Hi @Seller_zocUEr1WQCOcq
Connor from Amazon here, thank you for the post. While I am unable to provide specific tax advice, I have provided several resources below with more information on Amazon tax guidelines:
State Tax Registration Numbers
After review, if your question is still unanswered, I recommend that you create a case to Seller Support with your question and they can engage the Tax department.
Best,
Connor