ITIN- Means?

Individual Taxpayer Identification Number(ITIN) is a number which is tax processed and provided by US Internal Revenue Services.

Need to use IITN:

It Provides individuals to obey US tax laws, to effectively operate the account for tax and payments and also for those who doesn’t have Social Security number.

It doesn’t consider immigration status which is an added advantage as it is provided to both resident as well as non-residents.

It supports only Federal Tax Reporting and cannot be used for any other process.

Is Renewing IITN Mandatory?

Suppose you need to register for tax return in 2018, and the case is it has already expired. So,you would start thinking what to do now?

The solution is Very simple. You have to do the following:

  • Submit your renewal application. By doing this, you could prevent possible delays.
  • Even if you use expired IITN for US tax return, it considers as timely filed provided that you do not have any refund paid at that time and also no credits and exemptions claimed.

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