Sunday, June 10, 2018

3 THINGS YOU SHOULD KNOW BEFORE APPLYING FOR AN ITIN

Tasks that include paperwork, processing requests and dealing with government agencies can sometimes look a little scary and frustrating. Applying for an Individual Tax Identification Number, however can be made relatively simple if the applicant understands certain requirements and steps in the application process that may otherwise be confusing.



1.    Understanding Documentation That is “Certified by the Issuing Agency”


One important thing to know is that certain identification documents are necessary to submit along with an ITIN application. These must be certified copies from the issuing agency, but what exactly does that mean? These are exact copies of the original documents, which are officially sealed and certified by the institution releasing them (often an embassy or consulate). This clears them as a valid and legitimate copy. If an original document is sent in to the IRS, it will be returned to the address provided on the W7 form.


2.    Filing Form W7


A W7 form is needed to apply for ITIN. Instead of mailing Form 1040 or other tax forms to the address provided, W7 forms are usually attached to the front of one’s federal tax return. There are two ways a W7 can be filed:

·       They can be presented physically at any IRS Taxpayer Assistance Center (TAC)
·       They can be mailed to the following address:

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


3.    Checking the Status of an Application


To check the status of a W-7 form and ITIN application that’s already underway, applicants should contact the IRS at 1-800-829-1040. This is the most effective way to receive an update on the pending application.


For more information on how to apply for an ITIN, be sure to review the resources on the ITIN W7 Application website. This site contains suggestions and details on the filing process, documentation and other requirements. This information should be helpful in learning how to start the process and obtain an ITIN number.

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