An Individual Taxpayer Identification Number (ITIN) is a unique tax processing identifier issued by the Internal Revenue Service (IRS) to individuals who are ineligible for a Social Security Number (SSN). ITINs serve as identification numbers for tax purposes, allowing individuals to fulfill their tax obligations in the United States.
Purpose: ITINs are primarily issued to individuals who are required to file a U.S. tax return but are ineligible for an SSN. They facilitate tax filing and reporting for individuals who may not have legal authorization to work in the U.S. or are not eligible for SSNs due to residency status.
There are a number of reasons why someone might need an ITIN number. Some of the most common reasons include:
Application Process: To obtain an ITIN, individuals must complete Form W-7, Application for IRS Individual Taxpayer Identification Number, and submit it to the IRS along with required documentation. Applications can be filed by mail, in person at an IRS Taxpayer Assistance Center, or through a designated acceptance agent.
At Roca Accounting Services, we offer comprehensive support throughout the ITIN application process:
Form W-7 Completion: Our experienced professionals assist in accurately completing Form W-7, ensuring all necessary information is provided.
Document Gathering: We guide you in gathering the required documentation, such as identification and residency proof, to support your ITIN application.
Application Submission: We handle the submission of your ITIN application to the IRS, ensuring compliance with all guidelines and requirements.
Application Tracking: Our team monitors the status of your ITIN application, providing updates and assistance as needed throughout the processing period.
Don’t navigate the ITIN application process alone. Contact Roca Accounting Services today to learn more about how we can streamline your ITIN application and help you fulfill your tax obligations in the United States.
