How to Get a ITIN Number for Business?
How to get a ITIN number for business? An Individual Taxpayer Identification Number (ITIN) is a specific tax processing number that is distributed by the IRS.3 min read
How to get a ITIN number for business? An Individual Taxpayer Identification Number (ITIN) is a specific tax processing number that is distributed by the Internal Revenue Service (IRS). An ITIN has nine digits, always begins with the number 9, and has a 7 or an 8 as the fourth digit (e.g., 9XX-7X-XXXX). In order to obtain an ITIN number, an applicant must complete IRS Form W-7, the application for Individual Taxpayer Identification Number.
Tax ID Numbers (TIN)
The United States requires any foreign investor who wants to form a business in the country to obtain a Tax ID number. The IRS issues these identification numbers in accordance with tax law for specific tax purposes. Individual taxpayers who have an obligation to file a tax return are granted a Social Security Number (SSN). Legal immigrants can apply for a SSN when completing the immigrant visa application with the United States State Department. If you complete both of these applications, a visit to the Social Security office may not be needed upon arrival into the United States.0px;" class="adsbygoogle">