But if you’re applying during tax season, it could take longer. If your application is approved, your ITIN will arrive by mail. ITINs can also sometimes be used for other purposes, like applying for a credit card or opening a bank account. And in some states, ITINs can be used to get a driver’s license. The IRS uses ITINs to identify taxpayers who aren’t eligible to receive SSNs.

Q18: What should I do if I submitted my ITIN renewal request before the end of 2021 and did not receive my ITIN?

Once you receive your ITIN, the IRS requires you to revalidate it every five years. If you don’t use your ITIN for three consecutive years, it will expire. ITIN holders do not qualify for such Social Security benefits.

Q4: I only use my ITIN on information returns, like Forms 1099. If my ITIN is expiring, do I need to renew it?

To apply for or renew an ITIN, you’ll need to fill out IRS Form W-7. For a summary of those rules, please see the new Form W-7 and its instructions. Remitly is on a mission to make international money transfers faster, easier, more transparent, and more affordable. Since after tax cost of debt 2011, millions of people have used Remitly to send money with peace of mind.

1. If you qualify for an exception, then file Form W-7 with your proof of identity and foreign status documents and supporting documentation for the exception.
2. When you open a checking account or a savings account, you’ll need to verify your identity.
3. If you need to renew your ITIN, you’ll follow the same process as applying for a new ITIN.
4. To learn about our professional expat tax preparation services, schedule a free consultation with us today.

You can do this with an SSN or an ITIN, but some banks will also accept other forms of ID. These might include a passport number or other government-issued ID number. At Expat CPA, we specialize in helping non-residents, US citizens and expats remain compliant with the latest IRS tax codes. In addition to dedicated support for W-7 form instruction, we can also help you determine your expat eligibility for Social Security and other federal benefits.

Get an Individual Taxpayer Identification Number (ITIN) to file your tax return

You will receive a letter from the IRS assigning your tax identification number usually within seven weeks if you qualify for an omni calculator logo ITIN and your application is complete. You will only file a tax return to the address above once, when you file Form W-7 to get an ITIN. In subsequent years, when you have an ITIN, you will file your tax return as directed in the form instructions. If your ITIN has expired—which can happen if it hasn’t been used on a tax return in the past three years—you’ll have to renew it.

If all your authentication information matches, you may be issued the same number. You must have a PTIN if you, for compensation, prepare all or substantially all of any federal tax return or claim for refund. A certified document is one that the original issuing agency provides and certifies as an exact copy of the original document and contains an official stamped seal from the Agency. A notarized document is one that the taxpayer provides to a public notary who bears witness to the signing of the official document and affixes a seal assuring that the document is legitimate. Dependents of U.S. military personnel can submit original documents, certified copies or notarized copies of identification documents.

Original documents you submit will be returned to you at the mailing address shown on your Form W-7. Applicants are permitted to include a prepaid Express Mail or courier envelope for faster going concern tips for auditors during the pandemic return delivery of their documents. The IRS will then return the documents in the envelope provided by the applicant. People who aren’t U.S. citizens still may have to file a federal tax return in the U.S.

And now that you know more about how ITINs work and who may need one, you might be curious to learn more about what taxes are, how to file taxes and what happens if you don’t pay your taxes. As long as you qualify for a refund, and you have filed your taxes correctly, then yes. ITIN holders are no different from SSN holders when it comes to getting a tax refund. The IRS clarifies that you need either an ITIN or an SSN to get the Child Tax Credit. Of course, you’ll only receive that credit if meet the other reporting requirements for it. You may be able to request a certified copy of documents at an embassy or consulate.

You must also include original documentation or certified copies from the issuing agency to prove identity and foreign status. If they can’t get an SSN, the IRS says spouses or dependents of nonresident or resident aliens also typically need ITINs. That’s because they might either have to file their own federal tax returns or be identified on the nonresident or resident tax returns. If you need to renew your ITIN, you’ll follow the same process as applying for a new ITIN.