Treasury Direct entity rules

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
User avatar
Topic Author
Chicken lady
Posts: 171
Joined: Tue Dec 17, 2013 12:46 pm

Treasury Direct entity rules

Post by Chicken lady »

I can use some help sorting out exactly how Treasury Direct sees multiple business entities.

The situation: I have an LLC (1 person) that is used with a single checking acct but 3 different funding streams. Each of the funding streams is generated by a separate business (retail x 2 and rental) each which is recognized as separate source of income and expense for tax purposes.

My question: I would like to purchase I bonds by these entities. Do I have 1 or 3? Each business is uniquely named though my social security # is the id for each.

Any clarification will be appreciated.

Linda
Hebell
Posts: 458
Joined: Wed Aug 12, 2020 1:56 am
Location: Boca Raton, FL

Re: Treasury Direct entity rules

Post by Hebell »

I am nearly certain you need a different tax ID. In addition to that, the linked bank account is going to have to have a matching name.
Post Reply