An ITIN (Individual Taxpayer Identification Number) enables individuals to comply with U.S. tax laws and participate in the U.S. financial system, even if they do not have a Social Security Number.
To find your (Individual Taxpayer Identification Number), check any official IRS documents where it might be listed. Your ITIN is typically found on your IRS-issued ITIN confirmation letter or any past tax returns where you used the number. If you cannot locate these documents, contact the IRS directly at their toll-free number, 1-800-829-1040, or send a written request to the Internal Revenue Service address specified for ITIN inquiries. For privacy and security reasons, the IRS will not provide ITINs via email or over the phone, so ensure you have your personal information ready for verification when contacting them. If you used an IRS-authorized Acceptance Agent to obtain your ITIN, they might also have a record of your number.
What is ITIN?
A person who cannot obtain a Social Security Number (SSN) from the Social Security Administration but is obliged to disclose income is needed an ITIN. ITIN is a number with nine digits. Starting with “9” and arranged like an SSN (NNN-NN-NNNN). ITIN number should only be used for tax reporting needs.
Criteria for obtaining an Individual Taxpayer Identification Number include:
- Be a nonresident alien required to file a U.S. tax return
- Qualify as a U.S. resident alien and file a U.S. tax return based on days spent in the United States
- Being a dependent or spouse of a U.S. citizen or resident alien
- Being a dependent or spouse of a non-resident foreign visa holder
- Being a non-resident alien seeking tax treaty benefits
- Be a nonresident alien student, professor, or researcher filing a U.S. tax return or seeking an exemption
What is the ITIN Number Used for in the USA?
In the USA, an Individual Taxpayer Identification Number serves several important purposes. Such as;
- Tax Reporting
- Filing Tax Returns
- Opening Bank Accounts
- Applying for Credit
- Claiming Tax Treaty Benefits
- Identifying Individuals for Financial Transactions
- Accessing Certain Government Services
What is SSN?
A Social Security Number (SSN) is a unique nine-digit identifier issued by the U.S. Social Security Administration (SSA) primarily for tracking individuals’ earnings and benefits within the U.S. The SSN plays a crucial role in many aspects of personal, financial, and legal activities in the U.S.
SSNs used for;
- Tax Reporting
- Social Security Benefits
- Employment
- Credit and Banking
- Government Services
- Medical Records
- Identification
People who have received a Social Security Number;
- U.S. Citizens
- Permanent Residents (Green Card Holders)
- Non-Citizen Residents: This includes individuals with certain types of visas, such as those with employment authorization (e.g., H-1B visa holders), refugees, and asylees.
- Temporary Workers: Individuals with temporary work visas, such as H-1B, H-2A, H-2B, or L-1 visas.
- Dependents of Social Security Number. Holders
Importance of ITIN Application
The Individual Taxpayer Identification Number application is crucial for individuals who are ineligible for a Social Security Number but need to fulfill U.S. tax obligations. ITINs allow non-residents, foreign nationals, and others to report income, file taxes, and claim tax benefits, ensuring compliance with U.S. tax laws. Beyond tax purposes, an ITIN facilitates access to various financial services, such as opening bank accounts, obtaining loans, and purchasing property. It also enables individuals to qualify for certain tax credits and deductions. Moreover, having an ITIN helps establish a financial identity within the U.S., which can benefit credit history and overall financial management. For many, applying for an ITIN is a critical step in integrating into the U.S. monetary system and ensuring they meet all legal and financial requirements.
What is the W-7 Form?
The W-7 Form, officially known as “Application for IRS Individual Taxpayer Identification Number,” is a document used to apply for an Individual Taxpayer Identification Number from the Internal Revenue Service.
The purpose of the form W-7 is used by individuals who need an ITIN number for tax purposes but do not qualify for a Social Security Number (SSN). This includes non-resident aliens, foreign nationals, and others who must file U.S. tax returns or have other tax-related needs.
The completed W-7 Form, along with required documentation, is submitted to the Internal Revenue Service either by mail or through an IRS-authorized Acceptance Agent. ITINs are then issued for use in fulfilling U.S. tax obligations and accessing various financial services.
Verification and supporting documents
There are 13 required documents for ITIN submission.
Determined documents:
- Passport (stand-alone document)
- National identification card (must show photo, name, current address, date of birth, and expiration date)
- U.S. driver’s license
- Civil birth certificate (required for dependents under 18 years of age)
- Foreign driver’s license
- U.S. state identification card
- Foreign voter’s registration card
- U.S. military identification card
- Foreign military identification card
- Visa
- U.S. Citizenship and Immigration Services (USCIS) photo identification
- Medical records (dependents only – under 6)
- School records (dependents only – under 14, under 18 if a student)
On the other hand,
- Email address
- Smartphone or computer with a camera
- ITIN number
- Proof of ITIN: CP565 Notice or bank statement showing full ITIN
- Two additional documents: one primary document and one secondary document or two primary documents, one of which must prove your address.
Are some other documents to complete the verification process
How to get ITIN number for free?
Obtaining an individual Taxpayer Identification Number itself is free, but there may be associated costs for the services required to apply for one.
By
- Complete Form W-7
- Gather Required Documentation
- Submit Your Application
- Use Internal Revenue Service Authorized Acceptance Agents
- Seek Assistance from Nonprofits
- Consult the Internal Revenue ServiceWebsite applicants can obtain an ITIN number without incurring additional costs.
Receiving and Using Your ITIN
In order to file a tax return, you must complete the remaining fields on the tax form, put your ITIN in the SSN field, and mail your tax return and any supporting documentation to the Internal Revenue Service.
Seeking Professional Assistance
Internal Revenue Service The Internal Revenue Service has approved entities, such as individuals, businesses, or organizations, to serve as Certified Acceptance Agents (CAAs) and help people obtain ITINs. You won’t need to send the original documents to the Internal Revenue Service because they can verify your identity documents and forward them to the Internal Revenue Service for a certificate of accuracy. The application process can be safer and speedier when CAA is used.
To locate a Certified Acceptance Agent, visit the Internal Revenue Service website.