An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the IRS. It is a nine-digit number that always begins with the number 9 and has a range of 70-88 in the fourth and fifth digit, example 9XX-70-XXXX. Khob Tax is an IRS Certifying Acceptance Agent (CAA) and is authorized to accept your ITIN applications. Being a CAA, Khob Tax can prepare & review your ITIN application related documents and submit them to IRS, saving you hours of your time by avoiding drive time and long wait time in IRS office.
Khob Tax is an IRS Certifying Acceptance Agent (CAA) and is authorized to accept your ITIN applications. Being a CAA, Khob Tax can review your ITIN application related documents and submit them to IRS eliminating the need to mail any original documents to the IRS including passports and also saves you a trip to IRS office. Khob Tax can assist you with applying new ITINs or renewing expired ITINs for spouse and dependents.
1. What is an ITIN ?
An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service. IRS issues ITINs to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain a Social Security Number (SSN) from the Social Security Administration (SSA).
2. What is an ITIN used for?
ITIN is used for income tax reporting purposes only, and will not serve as an identity document for any other purpose. ITIN does not authorize work in the U.S., provide eligibility for Social Security benefits or qualify a dependent for Earned Income Tax Credit Purposes.
3. Who needs an ITIN?
IRS issues ITINs to help individuals (both residents and nonresidents) comply with the U.S. tax laws, and to provide a means to efficiently process and account for tax returns and payments for those not eligible for Social Security Numbers (SSNs).
Individuals who need ITIN 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 nonresident alien visa holder
• Nonresident alien claiming a tax treaty benefit
• Nonresident alien student, professor or researcher filing a U.S. tax return or claiming an exception
4. I am eligible to get a Social Security number, can I still apply for an ITIN?
No, if you qualify for a social security number, you should not be applying for an ITIN.
5. How do I apply for an ITIN number?
You must submit a completed Form W-7 along with your valid supporting original or certified copies by the issuing agency, identification documents and any other required attachments. IRS will not accept any ITIN applications without a tax return (exceptions may apply). So, they need to be submitted with a valid tax return. No tax return is required for a renewal application though.
6. What documents are acceptable as proof of identity and foreign status?
Below is the list of acceptable documents by the IRS. Each document must be current and contain an expiration date. Documents must also show your name and photograph, and support your claim of foreign status.
• Passport (stand alone document)
• National identification card (must show photo, name, current address, date of birth, and expiration date)
• U.S. driver’s license
• Civil birth certificate (required for dependents under 18 years of age)
• Foreign driver’s license
• U.S. state identification card
• Foreign voter’s registration card
• U.S. military identification card
• Foreign military identification card
• U.S. Citizenship and Immigration Services (USCIS) photo identification
• Medical records (dependents only – under 14, under 18 if a student)
• School records (dependents only – under 14, under 18 if a student)
7. Do I still need to visit the IRS office or submit my original documents , if I choose Khob Tax to process my ITIN application?
Khob Tax is CAA hence can review and verify your original documentation ( passport and birth certificate) and can submit your ITIN application to the IRS, saving you a trip to the IRS office.
8. How long will it take for the IRS to process my ITIN application?
It takes 7 – 10 weeks for the IRS to process your application (10 to 12 weeks if you submit the application during peak processing periods (January 15 through April 30) or if you’re filing from overseas). If you have not received your ITIN or other correspondence in 9-10 weeks after applying, you may call the IRS toll-free number at 1-800-829-1040 to request the status of your application.
9. I lost my ITIN assignment notice CP565. What do I do now?
If you no longer have your CP565, call 1-800-829-1040 within the U.S., or 1-267-941-1000 (not a toll-free number) if you are outside the U.S. The IRS will mail you a copy of your number after verifying your identity.
10. I recently got my Social Security Number (SSN). What do I do with my ITIN now?
Please notify the IRS that you have obtained an SSN and no longer need the ITIN, by visiting a local IRS office or writing a letter explaining that you have now been assigned an SSN and want your tax records combined. If you write a letter, include your complete name, mailing address, and ITIN along with a copy of your social security card and a copy of the CP 565 (notice of ITIN Assignment), if available. The IRS will void the ITIN so it cannot be used by anyone in the future and associate all prior tax information filed under the ITIN with the SSN. Send your letter to Internal Revenue Service, Austin, TX 73301-0057.
11. Do I need to renew my ITIN?
Taxpayers with ITINs set to expire at the end of the year and who need to file a tax return must submit a renewal application, Submitting your renewal application now prevents potential delays in the processing of your return. If you use an expired ITIN on a U.Sb. tax return, it will be processed and treated as a timely filed, but without any exemptions and/or credits claimed and no refund will be paid at that time.
12. Which ITINs are subject to expire at the end of 2020?
ITINs that have not been used on a tax return for tax years 2017, 2018 or 2019 will expire December 31, 2020. Additionally, ITINs with middle digits 88 (For example: 9NN-88-NNNN) will expire December 31, 2020. Those with middle digits 90, 91, 92, 94, 95, 96, 97, 98 or 99, that were assigned before 2013 and have not already been renewed, will also expire at the end of this year.
13. I received the CP-48 Notice, what should I do now?
CP-48 notice is to notify you that you, your spouse, or your dependent’s ITIN is scheduled to expire at the end of the year. You should begin the renewal process as soon as possible. You should not renew an ITIN if the ITIN holder now has or is qualified to get a social security number (SSN).