No Social Security Number Required For 98 Foreign Trust
Although the IRS will ask if you have a social security number that you can provide them when creating your 98 foreign trust, you must NOT provide them with any social security number otherwise the process of obtaining your 98 EIN trust number will not work. Your response to them when they ask you if you have a SSN, is “I don’t have one of those.” All they will say is yes and proceed to ask you more questions to create your 98 EIN trust.
1 EIN Number Per Entity + Choosing Names
The IRS allows ONE 98 EIN number per entity. If you already applied for a 98 EIN number under a specific name such as JOHN H DOE, the IRS will not allow another foreign trust be created under that name UNLESS you choose to name your foreign trust under a business name that was not used to before to setup a foreign trust.
No Special Characters Permitted In Business Name
The IRS does not allow any special characters in your business names.