Who Gets Individual Taxpayer Identification Number ITINs?

individual taxpayer identification number
Samantha Kerry, MBA

Samantha Kerry, MBA

Sr. Financial Consultant

here are two Groups of people Who Needs ITIN and IRS encourages them to apply for an Individual Taxpayer Identification Number:

1. People with an Unused ITIN

In 2015 IRS out of Tax Hikes Act enabled an individual taxpayer identification number if not used at least once in 3 21, to perish. In case you haven’t used your ITIN to file a tax return you no longer possess a valid ITIN and ought to apply for ITIN renewal or replacement

2. Individuals with Expiring ITINs

ITINs need to be renewed occasionally.  If your ITIN’s two middle numbers are 78 or 79, then it’s time to renew.

If You’re eligible for an ITIN standing That Allows for Exceptions, then you might not have to apply for or renew an ITIN at the moment.

The IRS provides exceptions to the following individuals:

  • College or university students, professors and researchers
  • Members of a partnership earning passive income
  • Non-citizens earning passive income from annuities, dividends, and interest
  • Foreign nationals who own or transfer real estate in the U.S.
  • U.S. citizens acting as a fiduciary of an estate or trust owned by a foreign citizen

Gamblers visiting the U.S. and receiving winnings from casinos, lotteries or gaming
How Long Does It Take to Get an ITIN Number?
And eight months to get your ITIN in the email. To check on your ITIN Program status, call the IRS hotline from the U.S. at 1-800-829-1040 or Outside the U.S. at 1-267-941-1000.

An Easy Way to Get Started

ITIN W-7 Application provides a simple way to navigate your way through all the possible ITIN issues. There is no reason for concern over ITIN exceptions, renewals or replacements. Visit our ITIN W-7 application page and it will guide through simple process. Any one who needs ITIN can Contact Our  Service team is available to assist and respond to any questions that you might have.

Leave a Comment

Your email address will not be published.