What is an ITIN & When Do I Need One?

 Individual Taxpayer Identification Number (ITIN)

 Individual Taxpayer Identification Number (ITIN)

An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service (IRS). IRS issues ITINs to people who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain a Social Security Number. It is a 9-digit number, beginning with the number "9", formatted like an SSN (NNN-NN-NNNN).

ITINs are issued regardless of immigration status because both nonresidents aliens and residents may have a filing requirement under the Internal Revenue Code. Individuals must file a valid federal income tax return to receive an ITIN, unless they meet an exception.

ITINs are for federal tax reporting only, and are not intended to serve any other purpose.

ITINs are issued to foreign nationals and others who have federal tax reporting or filing requirements and do not qualify for Social Security Numbers (SSN).

 

How do I Apply for an ITIN?

Use Form W-7, Application for IRS Individual Taxpayer Identification Number to apply for an ITTN. The Form W-7 requires documentation substantiating foreign/alien status and true identity for each individual. 

You need to attach a valid federal income tax return and include your original proof of identity. You need to send your return, Form W-7 and proof of identity and foreign status documents to:

 

     Internal Revenue Service
     Austin Service Center
     ITIN Operation
     P.O. Box 149342
     Austin, TX 78714-9342

 

If you qualify for an ITIN and your application is complete, you will receive a letter from the IRS assigning your tax identification number usually within seven weeks.

 

Sam Mollaei, Esq. from Mollaei Law can be reached @ (818) 925-0002 or by visiting www.mollaeilaw.com