Consultation
- Schedule a consultation to discuss your ITIN needs.
- Receive a personalized plan based on your unique situation.
Menu
An Individual Taxpayer Identification Number (ITIN) is a unique identification number assigned by the Internal Revenue Service (IRS) to individuals who are required to file taxes in the United States but are not eligible for a Social Security Number (SSN).
ITINs are primarily issued to non-resident aliens, resident aliens, and their dependents who may have tax obligations in the U.S.
The IRS requires all individuals earning income in the U.S. to file tax returns, and an ITIN serves as the key identifier in this process if a person does not have a Social Security Number (SSN)
Whether you're receiving income from employment, self-employment, rental properties, or other sources, having an ITIN allows you to accurately report this income to the IRS.
Individuals with an ITIN can claim certain tax benefits and credits for which they may be eligible. This includes credits for dependents, education expenses, and other tax incentives.
Having an ITIN is often a prerequisite for engaging in various financial transactions, such as opening a bank account, securing a mortgage, or obtaining a driver's license.
An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the IRS for individuals who do not have a Social Security Number (SSN) and need to meet tax obligations. You might need an ITIN if you’re required to file a tax return, but you are not eligible for an SSN.
Yes, ITINs are available for both U.S. citizens and non-residents who have a tax filing obligation. If you need to file a tax return, you can apply for an ITIN, regardless of your citizenship or residency status.
While an ITIN is primarily used for tax purposes, it can also be required for other financial activities, such as opening a bank account or obtaining certain types of loans.
Processing times for ITIN applications vary, but it generally takes about 7 to 11 weeks after submitting a complete application.
Certainly. Suppose you’re a foreign investor who earns rental income from property, a student receiving scholarships or fellowships that are subject to tax, or a dependent or spouse of a citizen who is being claimed on a tax return. In each case, you’d need an ITIN to ensure proper tax reporting and compliance.
