LLC w/Series But Not Separate EIN

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Question:

Can an LLC with a Series that does not have a separate EIN be linked to the account as an assumed name (DBA)? We have an LLC customer that does have a Series without an EIN. The customer wants the Series attached to the checking account as an assumed name. I was told years ago that an LLC that has a Series would either have the Series with its own EIN and linked to the account as primary without the LLC name, or the Series would be added as a subtitle on the account and not linked as a DBA.

Answer:

The IRS has to specifically rule, but this article provides some guidance that is similar to other legal guidance currently found.

http://bradleybclark.com/ein-series-llc/

As the bank, you can choose what to accept or not to accept. I can tell you one thing for sure. They are not operating similar to using an assumed name.