Phone: (347) 793-5284

Info@taspayrollandaccounting.com

ITIN Service 

ITIN
Enjoy the benefits of having your ITIN. We are right here to help you obtaining this essential quantity and document.

What is an ITIN?
An Individual Taxpayer Identification Number (ITIN) is a tax processing variety issued through the Internal Revenue Service. It is a nine-digit variety that continually begins with the range 9 and has a range of 70-88 in the fourth and fifth digit. Effective April 12, 2011, the vary was prolonged to consist of 900-70-0000 thru 999-88-9999, 900-90-0000 thru 999-92-9999 and 900-94-0000 through 999-99-9999. IRS troubles ITINs to individuals who are required to have a U.S. taxpayer identification number however who do now not have, and are no longer eligible to gain a Social Security Number (SSN) from the Social Security Administration (SSA).

ITINs are issued regardless of immigration reputation because each resident and nonresident aliens may additionally have a U.S. filing or reporting requirement beneath the Internal Revenue Code.

Individuals need to have a submitting requirement and file a legitimate federal profits tax return to acquire an ITIN, unless they meet an exception.

What is an ITIN used for?
ITINs are for federal tax reporting only, and are no longer intended to serve any different purpose. IRS problems ITINs to help men and women comply with the U.S. tax laws, and to furnish a ability to efficiently system and account for tax returns and repayments for those not eligible for Social Security Numbers (SSNs).

An ITIN does not authorize work in the U.S. or provide eligibility for Social Security advantages or the Earned Income Tax Credit.

Who wants an ITIN?
IRS troubles ITINs to foreign nationals and others who have federal tax reporting or filing necessities and do now not qualify for SSNs. A non-resident alien man or woman not eligible for a SSN who is required to file a U.S. tax return solely to declare a refund of tax under the provisions of a U.S. tax treaty wishes an ITIN.

Other examples of persons who want ITINs include:
• A nonresident alien required to file a U.S. tax return
• A U.S. resident alien (based on days present in the United States) filing a U.S. tax return
• A established or spouse of a U.S. citizen/resident alien
• A dependent or partner of a nonresident alien visa holder

How do I know if I need an ITIN?
If you do now not have a SSN and are no longer eligible to acquire a SSN, but you have a requirement to furnish a federal tax identification quantity or file a federal income tax return, you must practice for an ITIN. If you have an software for a SSN pending, do not file Form W-7. Complete Form W-7 only if the Social Security Administration (SSA) notifies you that a SSN cannot be issued.

To gain a SSN, see Form SS-5, Application for a Social Security Card. To get Form SS-5 or to find out if you are eligible to attain a SSN, go to Social Security Administration or contact a SSA office. By law, an alien individual cannot have each an ITIN and a SSN.

IRS methods returns displaying SSNs or ITINs in the blanks where tax varieties request SSNs. IRS no longer accepts, and will no longer process, types showing “SSA”, 205c”, “applied for”, “NRA”,& blanks, etc.

How do I observe for an ITIN?
Use the modern-day revision of Form W-7, Application for IRS Individual Taxpayer Identification Number to apply. Attach a valid federal earnings tax return, until you qualify for an exception, and encompass your original proof of identification or copies certified by means of issuing employer and overseas popularity documents.

Because you are submitting your tax return as an attachment to your ITIN application, you ought to not mail your return to the tackle listed in the Form 1040, 1040A or 1040EZ instructions. Instead, ship your return, Form W-7 and proof of identification and overseas reputation archives to:

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

You may additionally also follow the usage of the services of an IRS-authorized Acceptance Agent or visit some key IRS Taxpayer Assistance Center in lieu of mailing your facts to the IRS in Austin. Taxpayer Assistance Centers (TACs) in the United States grant in-person assist with ITIN functions on a walk-in or appointment basis. Applicants outside the United States must contact U.S. Tax Attachés in Beijing, Frankfurt, London, or Paris. The IRS’s ITIN Unit in Austin troubles all numbers through the mail.

When must I observe for an ITIN?
You ought to entire Form W-7 as soon as you are geared up to file your federal income tax return, for the reason that you need to connect the return to your application. If you meet one of the exceptions to the tax filing requirement, publish Form W-7, alongside with the archives that prove your identity and overseas status. You are also required to encompass supplemental documents to substantiate your qualification for the exception, as soon as possible after you determine that you are protected by way of that exception.

You can follow for an ITIN any time for the duration of the year. However, if the tax return you attach to Form W-7 is filed after the return’s due date, you can also owe interest and/or penalties. You file your cutting-edge year return with the aid of the prescribed due date to keep away from this situation.

Where can I get assist with my ITIN application?
You can call the IRS toll-free at 1-800-829-1040 if you are in the United States. If you are outdoor the United States, call 267-941-1000 (not a toll-free number) for records and help in completing your Form W-7 and your tax return or to check on the reputation of your application six weeks after submitting Form W-7.

Assistance is additionally reachable at selected IRS Taxpayer Assistance Centers in the United States to grant in-person assist with ITIN functions on a walk-in or appointment basis. Applicants outside the United States can contact a U.S. Tax Attachés in Beijing, Frankfurt, London, and Paris. You may additionally also use the services of an IRS-authorized Acceptance Agent.

How and when can I assume to receive my ITIN?
If you qualify for an ITIN and your utility is complete, you will get hold of a letter from the IRS assigning your tax identification number commonly inside six weeks. If you have not obtained your ITIN or different correspondence six weeks after applying, name the IRS toll-free range at 1-800-829-1040 to request the reputation of your utility if you are in the United States. If you are outside the United States, call 267-941-1000 (not a toll-free number).

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