The IRS assigns you an ITIN number to efficiently record and calculate your tax returns and payments in the USA. Thus, even if you cannot obtain a social security number, your compliance with USA tax laws is ensured by ITIN application.
The format of the ITIN number is the same as the social security number format. Only the ITIN number starts with the number 9. The IRS gives you an ITIN if you need to have a U.S. taxpayer identification number but are not eligible and cannot obtain a social security number (SSN) from the Social Security Administration (SSA). Also the ITIN application can be done regardless of immigration status.
Do I Need an ITIN?
If the following applies to you, yes;
- If you do not have an SSN and are not eligible to receive it,
- If you need to pay tax,
- If you fit any of the following categories;
- If you are non-resident or resident foreigner who must file a US tax return,
- If you are a USA citizen or resident dependent individual or spouse of a foreigner,
- If you are a dependent or spouse of a visa holder,
- If you are a foreigner requesting tax treaty money,
- If you are a foreign student, professor or researcher who has to file a tax return, in these cases, you can start ITIN application.
Other benefits of having an ITIN number are as follows:
- You can apply for a credit card.
- In some states you can get a driver’s license.
- You can create proof that you have paid taxes.
- As of 2018, you can get a dependent tax deduction.
Getting Support from a Consulting Firm for ITIN Application
There are consultancy companies that apply the necessary procedures to obtain an ITIN number on your behalf. Thus, this period becomes easier for you. If you have commercial and legal activities in the USA, the ITIN application period, which may seem difficult, results in a more comfortable way with the support of the consulting firm.
Importantly, the IRS does not accept the ITIN number application electronically. First you need to start your application period by getting a W-7 form through the IRS. Then completely fill out the W-7 form. Submit a W-7 form, passport, or foreign status document to the IRS. It is an important issue that the documents you send do not expire.
The IRS returns the original of your required documents to the address specified on the W-7 form within 60 days of receipt. You can call the institution for your documents that are not returned. For this, it is possible to reach the IRS at 267-941-1000 (non-US) and 800-829-1040 (US). You can also increase the likelihood of your ITIN application being approved by: You can submit a current US visa, tax return form, and a document introducing yourself and your company to the IRS.
How Do I Fill Out The W-7 Form?
Search for the form IRS W-7 through search engines. Then download the form in PDF format on the IRS’s official website. After you open the W-7 Form, you need to tick the non-resident option at the top. In the first and last name section, write your first and last name. In the address line of the form, write the address of the real or virtual office in the USA.
In the third part of the form, if you are not a US citizen and have a foreign status, fill in the blanks where you need to enter the address information you live in your country. In the fourth and fifth sections, you should write your identity and gender information. Then you need to choose the type of document you are applying for in the sixth part of the form. Here, what is meant by the document type is passport, driver’s license or identity options.
Your form filling process is completed after adding your country code and phone number. Finally, print and sign the W-7 form. According to ITIN application, you should not forget is that you have to definitely use English characters when filling out the form.