how to apply for an itin number

How To Apply For An ITIN Number

How to apply for an ITIN number? Before we get to that, it is important for you to understand what an ITIN number is and who needs it. So what is an ITIN number? A type of Taxpayers identification number, an ITIN or individual Taxpayer identification number is a number issued to immigrants or non- citizens in the United States for tax purposes. Let’s take a look at this in a bit more detail.

If you need help getting an ITIN number call us at 407-344-1012, or email us at info@freedomtaxfl.com.

Understanding Taxpayers identification number (Tin)

An identification number, Taxpayer Identification Number (TIN) is used by the Internal Revenue Service to regulate tax laws. The IRS issues all forms of TIN apart from the social security number. The responsibility of issuing the social security number falls on the social security administration. There are five different types of Taxpayer Identification Number (TIN) including:

  • Preparer taxpayer identification number
  • ATIN
  • Individual taxpayer identification number
  • Employer identification number
  • Social Security number

You will require a Taxpayer identification number when:

  • You claim exemptions for certain annuities and for effectively connected income
  • You claim treaty benefits
  • You file your tax returns

Following are the ways of applying and obtaining the different Taxpayer Identification Numbers (TINs).This includes how to apply for an ITIN number.

Employer Identification number (EIN)

An employer identification number is a federal tax ID number and is utilized for identifying a business entity. In order to apply and obtain employer identification number (EIN), form SS-4 is utilized.

Social Security Number (SSN)

In order to obtain a social security number, you will have to submit proof of the following things:

  • Your age
  • Your identity
  • Your Legal/ citizenship status

Apart from providing proof of the aforementioned things, you’ll also need to use form SS-5 to fill out the application for a social security card.

Now that you know the process of applying and obtaining EIN and SSN, it is time for us to look at what ITIN is and how to apply for an ITIN number.

What Individual Taxpayer identification number (ITIN) is and How to apply for an ITIN number

What is individual Taxpayer identification number and how to apply for an ITIN number?

An individual Taxpayers identification number (ITIN) is a tax processing 9-digit number that you require for yourself, your spouse, and your dependents if you’re unable or ineligible to obtain a social security number (SSN). How to apply for an ITIN number? In order to apply for and obtain an individual Taxpayers identification number, you’ll need to fill out Form W-7. Let’s take a detailed look at all of these things.

Understanding ITIN and how to apply for an ITIN number?

Social security numbers are what U.S citizen taxpayers use to identify themselves and their family members to the Internal Revenue Service. However, there are some individuals residing in the United States who are ineligible for a social security number but are still required to meet their tax obligations. The good news for these non- citizens and immigrants is that there is a way for them to meet their tax obligations and the way is through individual taxpayer identification number (ITIN).

What is ITIN? Used by individuals ineligible for a Social Security number (SSN) to file taxes, an Individual taxpayer identification number or ITIN is issued by the Internal Revenue Service and is a 9-digit number required for tax processing. So how to apply for an ITIN number? You can apply for and obtain an ITIN by submitting form W-7 to the Internal Revenue Service. We will talk about what form W-7 is and what information you need to fill it up with later on.

What is ITIN? The primary purpose of creating a taxpayers identification number was providing individuals ineligible for a social security number (SSN) with an identification number that they can use to fulfill their tax obligations in the United States. The first number of the individual taxpayer identification number or ITIN is always 9 and number 7 or 8 fills the fourth digit spot. An individual taxpayer identification number or ITIN is something that individuals with an unlawful status in the United States may obtain. Apart from individuals living unlawfully in the United States, there are some other individuals that require an individual taxpayer identification number. Other individuals ineligible for a Social Security Number (SSN) and requiring an ITIN include:

  • An individual who receives taxable income from the United States but lives in another country or is a foreign national
  • A non U.S- Citizen Student lawfully residing in the United States
  • An individual with legal permanent residency
  • A U.S citizen’s dependent or spouse
  • An individual living in the United States on temporary visa who’s a spouse or dependent of a foreign national

What is ITIN? You cannot use an individual taxpayer identification number or ITIN as a proof of work authorization or legal status in the United States. This is something that you need to remember. However, ITIN can be used for a variety of other purposes including:

  • Filing your federal taxes
  • Provided you qualify, you can get the income withheld by the IRS or Internal Revenue Service refunded
  • When you file taxes, you can claim dependents your support in the Unites States and other North American countries by using your ITIN
  • Using an ITIN or individual Taxpayer identification number, you may open a bank account or apply for a mortgage loan in the United States.

How to apply for an ITIN number? Before we get to the process of applying for an ITIN number, let’s look at reasons why you need an ITIN.

If you need help getting an ITIN number call us at 407-344-1012, or email us at info@freedomtaxfl.com.

The reasons you need to apply for an ITIN

What is ITIN and why should apply for it? In order to identify and record your taxes, the Internal Revenue Service or IRS requires an ITIN or individual Taxpayers Identification number. You must apply for and obtain an ITIN if you’re ineligible for a social security number (SSN). The purpose of ITIN or individual Taxpayers identification number is providing you with tax identification and not a legal status.

A unique ITIN is what every individual who applies for it gets. This is the reason when you open an account in a U.S bank, they might ask you to provide them with your ITIN. They’ll use your ITIN for identification purposes. Furthermore, some U.S states require an ITIN as a prerequisite for awarding a permit, driver’s license, or State ID. Now that you know what ITIN is and why you need to apply for it, it is finally time for us to look at how to apply for an ITIN number.

How to apply for an ITIN number

What is ITIN and how to apply for an ITIN number? Before you actually apply for an individual Taxpayers identification number or ITIN, there are certain documents that you must arrange. You need these documents to prove your identity as an immigrant and apply for an ITIN. Completing the W-7 form is the first and foremost thing you need to do in order to apply for an individual Taxpayers identification number. Filling out Form W-7 is a mandatory requirement for obtaining an ITIN. If you are a non-citizen and are ineligible for a social security number then you must fill out form W-7 and obtain an ITIN so that you can meet your tax obligations.

There are two ways of obtaining form W-7:

  • Get it from one of IRS’s regional offices
  • Download it from IRS’s website

Once you have form W-7 with you, you need to fill it with the following information:

  • State Identification
  • Proof of being a registered voter in your country
  • Photo identification documents of US Citizenship and Immigration Services
  • A valid National identification document that has your name, date of birth, address, photo and its expiration date on it
  • Passport or any other valid identification document
  • All documents that you had to submit for your U.S Visa
  • School records and medical certificate need to be submitted by dependents and children under 18
  • US income tax return copy
  • Birth Certificate of dependents who are unable to submit their passport

We now know what ITIN is and the process/ documents involved in applying for it. Let’s now take a look at the best time to apply for an ITIN.

The best time to apply for an ITIN

How to apply for an ITIN number and when is the best time to apply for it? You should fill out form W-7 as soon as you’re ready to file your income tax return. Provided you meet one of the exceptions and aren’t required to file a return, apply for an ITIN by submitting form W-7 along with the required documents. Submit Form W-7 and the required documents immediately after you determine that you’re covered by one of the exceptions.

How to apply for an ITIN number and what is the best time to apply for an ITIN? There is no good or bad time during the year to apply for an ITIN. You can apply whenever you want. However, if you miss the due date, you’ll become eligible for interest and/or penalties. Therefore, you should apply latest by 15th April if you want to avoid penalties and/or interest. Now that you know what ITIN is and how to apply for an ITIN number, it is time to look at the methods to obtain it. As stated by the IRS or Internal Revenue Service, there are two methods to obtain ITIN. Following are the two methods:

  • Using an acceptance agent to apply
  • Applying to the IRS yourself

Applying to the IRS yourself

In order to obtain ITIN directly from the IRIS, you need to apply for it yourself in person or through the mail. When you apply yourself, you must submit the required documents, form W-7, and your tax return. Following is the address you need to mail the documents to:

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

You can apply for ITIN at most I.R.S offices when you’re applying in person. You can apply at most U.S consular offices if you’re based outside of the U.S. Contact your area’s IRS office to find out if they accept W-7 applications. Provided a legally authorized individual or issuing authority certifies it, the IRS accepts a copy of an original document. It is important that the document you’re submitting is certified as a true copy of the original by the legally authorized individual or issuing authority. The Internal Revenue Service will not accept your documents if your copies aren’t authenticated.

You must mail the authenticated copies of the required documents as well as the completed W-7 form to the address mentioned on the form when you’re applying for ITIN through mail.

Using an acceptance agent to apply

What is ITIN and how to apply for an ITIN number through an acceptance agent? In order to make the process of applying for ITINs easy, the Internal Revenue Service allows organizations to act on behalf of the individuals applying for an ITIN. Furthermore, the IRS looks to accelerate the process of issuing ITINs through these organizations. These organizations are known as acceptance agents. The acceptance agents act as legal representatives of people looking to obtain an Individual Taxpayer Identification Number from the IRS. The organizations playing the role of acceptance agents must prove to the Internal Revenue Service that they have in place all the resources and procedures required for complying with the terms set by IRS.

The acceptance agent is legally authorized to provide the information required for the ITIN to the IRS once the person seeking an individual Taxpayer Identification Number authorizes it to act on his or her behalf. The individual applying for the ITIN needs to provide the information required for obtaining the ITIN to the acceptance agent.

If you’re looking to become an acceptance agent and want additional information then you can contact the Office of Human Resources at IRS’s central office. Now that you know what ITIN is and how to apply for an ITIN number, it is time for you to find out when you will receive your ITIN number from IRS.

When will the IRS issue you an ITIN number?

What is ITIN and when will the IRS issue you an ITIN number? The IRS will send you a letter that contains your ITIN four to six weeks after you apply for it. However, to receive an ITIN it is necessary for you to be eligible for it. Another requirement is completing the application. Unlike previous years, the IRS is issuing an authorization letter instead of an ITIN card. The reason for this is differentiating ITIN from a social security number.

However, you can use your ITIN card for tax purposes if you were issued your ITIN through it. If six weeks have passed since you applied and you still haven’t received your ITIN, it is in your best interest to find out the status of your application by contacting the IRS. Now that you know what ITIN is and how to apply for an ITIN number, it is finally time for us to look at pros of applying for an ITIN.

The Pros of applying for an ITIN

How to apply for an ITIN number and why do you need it? Whether you’re a citizen or an immigrant, you’re required to pay your taxes under the United States tax laws. In order to pay their taxes, immigrants require an ITIN. The good news for immigrants is that there are certain pros of obtaining an ITIN. So how to apply for an ITIN number and what are the pros of applying for it? Conveying to the United States government that you’re obeying their tax laws is the first and foremost benefit of applying for an ITIN. Secondly, an ITIN allows you to file taxes. Therefore, when you apply for US citizenship, your tax records will be present for the authorities to consider. This will aid you in your quest for U.S citizenship.

How to apply for an ITIN number and what are the benefits of applying for it? You allow the federal government to keep a record of all your documents when you apply for an ITIN. This in turn legalizes your status in the United States and you are no longer an illegal immigrant. Furthermore, since the government will have access to all the information required for reviewing your work experience, educational background and overall profile, this will help you in your citizenship process.

What is ITIN and how to apply for an ITIN number? Paying their taxes is something the U.S government requires every U.S citizen or resident to do. Therefore, every person in the United States must register themselves with the Internal Revenue Service. What is ITIN and how to apply for an ITIN number? Non-citizens and individuals unable to acquire a social security number need to get an ITIN. An ITIN can be obtained by filling out form W-7 and submitting it to the IRS. Once you obtain an ITIN, you will be able to pay your taxes, play your part in growth of the U.S, and ultimately reap benefits from it.

If you need help getting an ITIN number call us at 407-344-1012, or email us at info@freedomtaxfl.com.

 

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