Changing Your Name on Tax Return and LLC in Texas

How do I change my first name and last name on my tax return?

Step 1: Go to the e-filing portal “”www.incometax.gov.in”” and log in. Step 2: Click on your profile picture in the top right corner and select ‘My Profile’ from the dropdown. Alternatively, you can select the ‘Update Profile’ button as shown below. Step 3: Click on the edit button in the ‘Profile’ section.

Read more on cleartax.in

A name change is a significant life event that can be brought on by a number of factors, such as a divorce, marriage, or personal desire. If your name has been legally changed, you must amend it on your tax return and Texas LLC. The processes you must take to change your name on your tax return and LLC are covered in this article, along with some pertinent questions.

How Can I Update My Name on My Tax Return? Following these easy procedures will allow you to change your name on your tax return in no time at all:

1. Inform the Social Security Administration (SSA) of a change of name. You can accomplish this by completing Form SS-5 and supplying the needed supporting documentation. You will receive a new Social Security card bearing your new name whenever the SSA changes your name.

2. File Form 8822, Change of Address, or Form 8822-B, Change of Address or Responsible Party – Business, with the IRS to inform them of your name change. When you file your tax return, you can also change your name by writing your new name on the form. 3. Let your employer know you’ve changed your name so they can update their files and issue your W-2 form in your new name. How Do You Change the Name of Your Texas LLC? You must change your name with the Secretary of State if you have an LLC in Texas. The actions you need to take are as follows: 1. Use the Texas Secretary of State’s online database to see if the name you want is already taken.

2. Submit an amendment certificate to the Texas Secretary of State. The current name of your LLC, your new name, and a declaration stating that the change was approved by your LLC’s managers or members are all required. 3. Change the name of your LLC on all court papers, agreements, and contracts. Does Changing Your Name Have Any Effects? Changes to your name may have an impact on your credit report, insurance coverage, and legal papers, among other things. To avoid any problems, make sure that your name is current on all of your accounts, including your utility bills, credit cards, and bank accounts. Can I Choose a Name Other Than My LLC?

You may use a name other than that of your LLC, yes. The Texas Secretary of State will let you register a doing business as (DBA) name that you can use for your LLC’s operations. The formal name of your LLC must be used on all paperwork and agreements, though.

In conclusion, if your name has legally changed, you must take the proper steps to update it on your tax return and LLC. You may avoid any problems and make sure you keep receiving crucial information by updating your name on all of your accounts and legal documents. It’s essential to speak with a tax expert or an attorney if you have any questions or concerns.

FAQ

Thereof, can i use a different name than my llc?

You can use a name other than your LLC if you own an LLC in Texas. However, you must submit the required paperwork to the IRS if you wish to alter your name on your tax return. Additionally, you might need to register a “doing business as” (DBA) name with the state of Texas if you wish to conduct business under a name other than that of your LLC.