Client Success

ITIN Real Scenario Case Study

CASE STUDY SCENARIO 1

Foreign Spouse of US Citizen

Michael is a American Citizen married to Emma (British Citizen) he wanted to apply for ITIN for his non resident alien spouse (Emma). Michael always self-prepare his 1040 tax return on US tax online software and confused above the ITIN application spouse. Our team assisted Micheal to obtain the ITIN for Emma successfully.

For more answers related to Spouse Dependent category application, please refer to FAQ section on spouse of U.S Citizen category.

Case Study Scenario 2

Foreign Spouse of Non US Citizen who is filing 1040 tax return”

Aamir is a Indian Citizen and an IT consultant by profession on assignment to USA office and had a US 1040 tax return filing obligation. Aamir is married to Priyanka (Indian Citizen who does have US Visa and never travelled to USA in the past). Aamir was not sure if he to apply for ITIN for his non-resident alien spouse (Priyanka) so he can get benefit of higher standard deduction on his Married filing Jointly filing status on 1040. Aamir had a CPA in USA who said he cannot file the tax return online until is obtained for Priyanka. Our team assisted Aamir to obtain the ITIN for Priyanka successfully.

Please note only for spouse category visa or no entry to USA is not mandatory, for children ITIN application we need proof of 183 days test, Valid US visa, USA medical record or school record is required to obtain ensure the ITIN application process goes through successfully.

For more answers related to Spouse Dependent category application, please refer to FAQ section on spouse of U.S Citizen category.

CASE STUDY SCENARIO 3

Foreign National Selling the USA based Property/receiving US Property Rental Income

Jackie is a Singapore Citizen brought a US Property in Florida in year 2015 and have been renting out the property for 3 years, he was not aware of the ITIN requirement to declare his US rental income on 1040NR tax and later when he sold the property in 2018. The Escrow team withheld FRIPTA tax of 15% (on Form 8288A) on the gross sale proceeds, which could be haven avoided.

Our team helped Jackie to obtain ITIN first and later assisted with the 1040NR filing to claim back the refund.

Please refer to FIRPTA tax video for more information on this topic.

CASE STUDY SCENARIO 4

Foreign National investors in the USA with Form 1042S received and 30% tax with held

Zakir is a foreign national and resident of United Arab Emirates with investment in USA under EB5 program on the partnership and few other investments via Charles Schwab, LLC interactive brokers). Zakir was not aware the flat taxes of 30% withheld on the Form 1042S reporting were excess and it was not correct tax rates of withholding.
Our team helped Zakir to obtain the ITIN and also recalculate the correct tax computation and obtain the refund for excess tax withheld on Form 1042S and 1099.

CASE STUDY SCENARIO 5

Foreign National Author Publishing books amazon kindle

Charlotte who is UK based British Citizen, author/writer by profession needed ITIN and she had been rejected 3 times with the ITIN application process even when her original passport was mailed to the IRS Austin office.

Our team guaranteed to take up the challenge and obtain the ITIN for Charlotte by ensuring all the supporting documentation and passport certification are done successfully.

CASE STUDY SCENARIO 6

Foreign National Beneficiary of 401K distribution/Estate Income from USA

We had dealt 2 types of the cases relevant to above scenario.

Scenario 1 – Irina who is French citizen widowed of he late husband Mr. Smith (US Citizen). Irina was informed by the Fidelity 40lK US pension distribution team that Irina is the beneficiary of the 401K distribution income and was asked to obtain ITIN to release the funds. Our team helped to obtain ITIN and also obtain refund for excess withholding on Form 1099R/1042S.

Scenario 2 – Donald (Irish Citizen) and Samantha (UK Citizen) are beneficiary of estate income distribution from their late father Mr. Johnson via court appointed executors/attorneys. Our team assisted in obtaining the ITIN successfully for both of these beneficiaries.

CASE STUDY SCENARIO 7

Foreign National receiving was on short trip to USA to assist a US company with a one off project and receiving US Compensation

Laura (Irish Citizen) who is international yoga workshop holder was expecting a one off compensation for the concert/seminar in USA. Our team assisted with the ITIN application with US/foreign country treaty position claim and right advisory.

Our team guaranteed to take up the challenge and obtain the ITIN for Charlotte by ensuring all the supporting documentation and passport certification are done successfully.

CASE STUDY SCENARIO 8

Foreign National requiring ITIN for Unclaimed Property – Common Wealth of Massachusetts

Amir Diab (United Arab Emirates Resident) who had unclaimed property common stocks from ( Common wealth of Massachusetts) had a challenging task to obtain ITIN for release the stock distribution money from USA. Our team took up this challenging complex process and paper work supporting documents for this ITIN application process with right advisory, documents check and had a great success in obtaining the ITIN for Amir Diab successfully.

CASE STUDY SCENARIO 9

Foreign National requiring ITIN

Below are other most common scenarios for ITIN:

  1. Wasim ( Iranian Citizen) resident with US LLC.
  2. Mrs Watson ( UK Citizen) who is partner in US LLP.
  3. Tony ( Singapore Citizen ) with Amazon business in the USA.
  4. Elsayed ( Kuwait Citizen ) with US property mortgage application process and requiring ITIN.

WELCOME TO ITINCAA

ITINCAA (AKA TAXANDACCOUNTING HUB) aims to provide expert solutions to you ITIN, EIN, or US Personal tax-related matters considering the appropriate double taxation treaty rules and correct supporting documentation.

We are IRS Approved Certified Acceptance Agents [CAA] (United Kingdom Head Office), with our IRS representative based U.A.E, India, Singapore.

We also assist foreign nationals who require passport certification with Form W7/CAA Service completion in below listed countries;

Middle East I Saudi Arabia I Qatar I Oman I Turkey I Austria I Germany I Belgium I Croatia I Czech Republic I Denmark I Finland I France I Hungary I Italy I Luxembourg I Norway I Russia I Slovakia I Switzerland I Ukraine I Malaysia I Indonesia I Taiwan I Thailand I Hongkong I Japan I New Zealand I Pakistan I Bangladesh I Sri LankaI India I United Kingdom I Singapore I UAE and other global clients.

Please refer to contact us page for more details on the process.

 

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