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Business & FinanceMarch 16, 2026 · 3 min read

TIN vs. EIN: What's the Difference?

They both identify you to the IRS, but they are not the same thing. A quick guide to which number you need and when.

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The Cashswipe Team

Merchant services, built for you

Tax identifiers trip up new business owners constantly. Here's the clean version.

TIN is the umbrella

A Taxpayer Identification Number (TIN) is any number the IRS uses to identify a taxpayer - your SSN is a TIN, and so is an EIN.

EIN is for businesses

An Employer Identification Number (EIN) is a TIN issued specifically to a business. If you have employees, form an LLC or corporation, or open a business bank or merchant account, you'll need one.

The takeaway

Every EIN is a TIN; not every TIN is an EIN. Get an EIN early - it's free from the IRS and required for most of the steps that make you a real business.

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