Okay, this may be a silly question, but I have a habit of overthinking things and just want to be sure. I'm doing the online application for my husband's EIN. He'll be leasing a truck, so when it asks "Does your business own a highway motor vehicle with a
taxable gross weight of 55,000 pounds or more?" Do I select yes or no, since he's leasing and doesn't actually own the truck at this point. I realize it's still considered an asset of the business, though....so yeah, I'm just not wanting to mess anything up, lol. I took accounting courses in college, even had a tax accounting course, but still, I want to make sure everything is perfect and done right.Thanks!
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EIN Question
Discussion in 'Lease Purchase Trucking Forum' started by gjcarr03, Aug 31, 2015.
Thanks!