We have been noticing that most of the resident aliens tax payers who are on H1, L1, and GC having dependents in foreign countries, are missing the dependent tax benefits and credits due to lack of tax knowledge. Claiming dependents tax benefits can save tax payers thousands of dollars, we will assist you with proper guidance and required documents to get the ITIN from IRS.
What is ITIN?
ITIN–Individual taxpayer identification number is a tax ID used to file self-tax returns reporting income, tax treaties and claim dependents on tax returns.
Unlike the SSN-Social Security Number which is used for various purposes, but ITIN is just used for personal tax related purposes. In order to apply ITIN for dependents (wife, kids, close relatives etc.), a dependent should have stayed in the USA for more than 183 days but their are some exceptions.
1. ITIN is a nine digit number having first digit as 9XX-78-XXXX
2. ITINs which were issued in 2013 having middle digits 78, 79 have expired
3. ITINs issued on or before 2014, 2015, 2016 have expired on 31st December 2017.
The preferred documents required to apply ITIN is
2. tax returns, and
3. form W7 (ITIN application) and the documents can be mailed to IRS Texas address to get the ITIN. If a tax payer is uncomfortable to mail the documents the documents can also be submitted at the TAC-Taxpayer assistance centre which is your local IRS office. The documents can be submitted at TAC by the way of walking in or by appointment.
Once the IRS allots the ITIN, the ITIN will be mentioned on a covering letter of IRS and will be mailed to the applicant, and then the refunds of federal will be issued. Untill you have dependents ITIN your state tax return will not be accepted.
We suggest the tax payers to approach us for full guidance on applying ITIN, since improper guidance or self-guidance can leads to ITIN rejection. We have a dedicated specialised tax professional team working all over the year to get your dependents ITINs any time of the year.