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Why should I file my taxes with an ITIN?
-  Filing taxes can help with immigration applications by showing that you
   have been in the U.S. for a continuous period of time and that you have
   good moral character

-  It’s required by U.S. tax law

-  You may get a tax refund if extra money was withheld or taken out of your       

-  You may be able to claim the Child Tax Credit

-  You will have a record of your employment and wages earned that could
    help you when applying for a loan or credit

What do I have to do differently if I have an ITIN?

If you are reporting wages that you earned, you should include the Social Security number listed on the W-2 or 1099 forms you received when you complete the section on wages in your tax return. The IRS e-file system can now accept returns that include an ITIN and a Social Security Number for wages earned. The person who has the ITIN will receive credit for the income.

Do I need an ITIN?

IRS issues ITINs to foreign nationals and others who have federal tax reporting or filing requirements and do not qualify for SSNs. A non-resident alien individual not eligible for a SSN who is required to file a U.S. tax return only to claim a refund of tax under the provisions of a U.S. tax treaty needs an ITIN.

Other examples of individuals who need ITINs include:
   • A nonresident alien required to file a U.S. tax return 
   • A U.S. resident alien (based on days present in the United States) filing a U.S. tax return 
   • A dependent or spouse of a U.S. citizen/resident alien
   • A dependent or spouse of a non-resident alien visa holder

How do I know if I need an ITIN?

If you do not have a SSN and are not eligible to obtain a SSN, but you have a requirement to furnish a federal tax identification number or file a federal income tax return, you must apply for an ITIN.

If you have an application for a SSN pending, do not file Form W-7. Complete Form W-7 only if the Social Security Administration (SSA) notifies you that a SSN cannot be issued. To obtain a SSN, see Form SS-5, Application for a Social Security Card. To get Form SS-5 or to find out if you are eligible to obtain a SSN, go to Social Security Administration Website or contact a SSA office. By law, an alien individual cannot have both an ITIN and a SSN.

IRS processes returns showing SSNs or ITINs in the blanks where tax forms request SSNs. IRS no longer accepts, and will not process, forms showing "SSA205c," "applied for," "NRA," blanks, etc.

When should I apply for an ITIN?

You should complete Form W-7 as soon as you are ready to file your federal income tax return, since you need to attach the return to your application. If you meet one of the exceptions to the tax filing requirement, submit Form W-7, along with the documents that prove your identity and foreign status and the required supplemental documents to substantiate your qualification for the exception, as soon as possible after you determine that you are covered by that exception.

You can apply for an ITIN any time during the year; however, if the tax return you attach to Form W-7 is filed after the return's due date, you may owe interest and/or penalties. You should file your current year return by the prescribed due date to avoid this

Gary Booth CA Professional Corp.
555 Burnhamthorpe Rd. - Suite 406
Tel: 416-626-2727 Fax: 416-621-7136
E-mail: itin@garybooth.com

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Tax Tips & FAQ | US Personal Tax Returns | Filing taxes can help with immigration applications by showing that you have been in the U.S. for a continuous period of time and that you have good moral character.
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