ITIN Application Process

What is an ITIN

The Individual Taxpayer Identification Number (ITIN) is how the Internal Revenue Service (IRS) keeps track of certain taxpayers in the United States. It is like the student numbers issued by colleges to identify their students.

ITINs are not issued automatically. You would not have an ITIN unless you applied for one in the past.

ITINs, or individual taxpayer identification numbers, are tax identification numbers used to file self-employment tax returns and to record income, claim dependents, and claim tax treaties.

ITINs are only used for personal tax-related purposes, in contrast to SSNs, which can be used for a variety of things. Dependents (children, close relatives, etc.) must have resided in the United States for longer than 183 days in order to apply for an ITIN, though there are rare exceptions.

The preferred documents required to apply ITIN is 1. passport 2. tax returns, and 3. form W7 (ITIN application) and the documents can be mailed to IRS. If a tax payer is uncomfortable to mail the documents the documents can also be submitted at the TAC-Taxpayer assistance centre which is your local IRS office. The documents can be submitted at TAC by the way of walking in or by appointment.

ITIN PROCESS

Tax season can be a very stressful time of the year. It combines the difficulty of navigating complex laws with the challenge of understanding your finances. One of the most important aspects of tax filing is your taxpayer identification. If you have a social security number, that is your taxpayer ID. Otherwise, you need to use an ITIN. Read on if you are not sure how to get an ITIN number.

Who Needs an ITIN Number?

• The Individual Taxpayer Identification Number (ITIN) is how the Internal Revenue Service (IRS) keeps track of certain taxpayers in the United States.

• It is used by the IRS to identify taxpayers who do not have a social security number. The only people who need to have an ITIN are people who are required to file federal tax returns but do not have a social security number

• If you are not required to file a tax return while you are in the United States, then you do not need an ITIN. You also do not need an ITIN if you have a social security number issued by the Social Security Administration. Essentially, it is an ITIN for immigrants.

However, we're not working for you on the IRS. Vast majority of our clients benefit from reduced tax liabilities with the help of diligent planning and legal tax strategies.