Note, however, that having an ITIN doesn’t necessarily qualify one to work or reside in the United States. You will only file a tax return to the address above once, when you file Form W-7 to get an ITIN. In subsequent years, when you have an ITIN, you will file your tax return as directed in the form instructions. To apply for an ITIN, complete IRS Form W-7, IRS Application for Individual Taxpayer Identification Number.
Applicants can also submit their W-7 by scheduling an appointment at an IRS Taxpayer Assistance Center while in the United States, or through a Certifying Acceptance Agent either in the United States or abroad. According to the IRS, it net lease capital advisors can take up to 11 weeks for an ITIN application to be processed if you submit it by mail. If you submit your application through an authorized acceptance agent, the processing time may be shorter. The IRS also indicates that if you submit your application during their peak processing periods, which are typically from January to April and from July to October, the processing time may be longer.
Get an Individual Taxpayer Identification Number (ITIN) to file your tax return
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Assuming you qualify for an Individual Taxpayer Identification Number (and you follow the W-7 form instructions correctly), you should receive an ITIN within seven weeks. But due to potential processing delays, it’s advisable that you add some extra wiggle room. This is especially true if you’re mailing your ITIN application to the U.S. from overseas as an expat or non-resident. All Form W-7 applications, including renewals, must include a U.S. federal tax return unless you meet an exception to the filing requirement.
How to file your federal tax return using an ITIN
- According to the IRS, it can take up to 11 weeks for an ITIN application to be processed if you submit it by mail.
- If this happens, you’ll need to resubmit all your materials – along with your most recently completed U.S. federal tax return.
- It’s important to note that if you are already in the United States, you may be able to apply for an ITIN at certain designated acceptance agent locations.
- If you will need your original documents for any purpose within this processing timeframe, you may wish to apply in person at an IRS Taxpayer Assistance Center or CAA.
The ITIN is used for tax purposes and is required for certain tax-related transactions. However, ITINs are assigned for a specific period and need to be renewed periodically to maintain their validity. An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service. If you are not a U.S. citizen and do not have a Social Security number, learn how to get and use an Individual Taxpayer Identification Number (ITIN) to file a federal tax return. As the name implies, an ITIN is a dedicated tax ID number that allows individuals to report their earnings, expenses and deductions to the IRS. These unique numbers are reserved for U.S. taxpayers who are unable to obtain a traditional Social Security number.
Q7: Should spouses and dependents renew their ITINs?
This guide will walk you through the renewal application process of your ITIN. From determining if your ITIN needs to be renewed, to gathering the necessary documentation, and submitting the form and federal tax return. By following this guide, you can ensure that your ITIN renewal process is smooth and without any delays. If you already have an ITIN but fail to submit a U.S. tax return in any given calendar year, your Individual Taxpayer Identification Number may expire. If this happens, you’ll need to resubmit all your materials – along with your most recently completed U.S. federal tax return. The standard processing time is still seven weeks, although the IRS points out that delays can last up to 11 weeks if the renewal paperwork is received during peak tax time (January 15 to April 30).
It’s important to keep in mind that the above time frames are estimates and that it may take a longer or shorter time to process your ITIN application. Once you have submitted your application, you can check the status of your ITIN application on the IRS website. At Expat CPA, we specialize in helping non-residents, US citizens and expats remain compliant with the latest IRS tax codes. In addition to dedicated support for W-7 form instruction, we can also help you determine your expat eligibility for Social Security and other federal benefits. Section 203 of the Protecting Americans from Tax Hikes Act, enacted on December 18, 2015, included provisions that affect the Individual Taxpayer Identification Number (ITIN) application process. Taxpayers and their representatives should review these changes, which are further explained in the ITIN Documentation Frequently Asked Questions, before requesting an ITIN.
You can mail the W-7 and documentation to the address in the Form W-7 Instructions. Bring it to your local IRS office, or use an acceptance agent (colleges, financial institutions, or accounting firms that are authorized by the IRS to assist applicants in obtaining ITINs). It’s also important to note that an ITIN does not authorize work in the U.S. or provide eligibility for Social Security benefits, its only purpose is for tax purposes. It’s recommended to renew the ITIN in a timely manner to avoid any delays or complications when filing taxes or carrying out other tax-related transactions.
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