Frequently Asked Questions About the Individual Taxpayer Identification Number (ITIN) Part One
June 4th, 2010 | Author: Admin
Many people have questions about the Individual Taxpayer Identification Number (ITIN); as obtain, for which serves, etc. The IRS has an article very interesting on this subject:
What is ITIN?
An Individual Taxpayer Identification Number (ITIN), is a tax number processor granted by the Internal Revenue Service (IRS). Is a nine-digit number that always starts with the number 9 and includes a 7 or 8 as the fourth digit, example: 7XX-8X-XXXX.
The IRS ITINS to individuals who require an identification number for tax purposes in the United States but do not have are eligible to obtain a Social Security Number (SSN) of the Social Security Administration (SSA).
The ITIN are issued no matter the immigration status because both residents and foreigners could have tax obligations to submit statements and tax payments under the Tax Code from the IRS.
To receive an ITIN, individuals have to have the requirement and submit a declaration of federal taxes, unless they meet any exception.
What is used the ITIN?
ITINS are for tax reports only, and not intended to serve no other purpose. An ITIN does not grant rights to work in the United States or attaches to the keeper Social Security benefits or the Earned Income Credit Work (EITC). The ITIN are not valid identification outside of the tax system.
The IRS ITINS in order to help individuals comply with the tax laws of the United States, and to provide an effective way to prosecute and accounting statements and payments of which are not eligible for Social Security Numbers.
Who needs an ITIN?
The IRS ITINS on foreigners and others who have a requirement to report tax or submit a declaration and do not qualify for an SSN. An alien who is not a resident and does not qualify for a SSN, who has a requirement to submit a declaration federal tax only to claim a reimbursement under the provisions of any agreement with the US, you need a ITIN.
Examples of individuals who need a ITIN include:
- Foreign non-residents who need to submit a declaration of federal taxes and are not eligible for a SSN
- Foreign residents (according to the number of days present in the U.S.) filing a federal and are not eligible for a SSN
- Dependent or spouse of a citizen / to or abroad / resident
- Dependent / to non-resident with visa
How do I know if I need an ITIN?
If you do not have an SSN and is not eligible to obtain an SSN, but has a requirement to provide a number of federal identification or submit a declaration of federal taxes, will have to apply for ITIN.
If you have a pending application for Social Security Number, not this Form W-7. Fill the Form W-7 only if the Social Security Administration (SSA) notifies you that you cannot grant a Social Security Number.
To obtain a Social Security number, please fill out the Form SS-5, request a Social Security Number To obtain Form SS-5, or to investigate whether you are eligible to obtain a number of Social Insurance, visit the site www.socialsecurity.gov or contact the Social Security Administration.
By law, a foreigner cannot obtain an ITIN and Social Insurance Number at a time. The IRS processing declarations containing either an ITIN or Social Insurance Number. The IRS will no longer processing, or accept statements with the entry “SSA205c”, or the phrase “applied for”, “NRA”, or with blank spaces.
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Categories: Tax Info
