What is an ITIN?

Comments · 578 Views

I am a Certified Acceptance Agent registered with IRS helping people to get an ITIN.

What is an ITIN?

An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service. The IRS issues ITINs to individuals 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 (SSN) from the Social Security Administration (SSA).

What is an ITIN used for?

IRS issues ITINs to help individuals comply with the U.S. tax laws, and to provide a means to efficiently process and account for tax returns and payments for those not eligible for Social Security numbers. They are issued regardless of immigration status, because both resident and nonresident aliens may have a U.S. filing or reporting requirement under the Internal Revenue Code. ITINs do not serve any purpose other than federal tax reporting.

An ITIN does not:

Authorize work in the U.S.
Provide eligibility for Social Security benefits
Qualify a dependent for Earned Income Tax Credit Purposes

Who needs to get an ITIN?

As a foreigner, you only need to apply for an ITIN if you have a federal tax filing requirement (or informational reporting requirement)
and do not qualify for an SSN. Get ITIN Now!

For More Information:
+1 (571) 570-4310
support@registeredagentva.org

Comments