What’s new for existing ITIN holders?
What is an ITIN?
An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service.
The ITIN is normally valid for 4 to 5 years, provided the number is kept active on the IRS tax return and compliance filing. However, if the ITIN number was not used for tax filing for continuous past 3 years, then the ITIN will expire, and the applicant needs to renew the number by submitting Form W7.
An ITIN does not:
- Authorize work in the U.S.
- Provide eligibility for Social Security benefits
- Qualify a dependent for Earned Income Tax Credit Purposes
What’s new
ITIN holders [i.e Individuals who hold a valid ITIN Number] can access their online account
Taxpayers with an ITIN can complete the registration process to access their IRS online account, which provides:
- balance due
- payment history,
- payment plans,
- tax records, etc
ITIN holders must verify their identity through the video chat process and will need a valid email address, proof of ITIN, one primary document [CP565 Notice], and one secondary document [1040NR tax return]. One of the documents must provide proof of address.
This identity verification process applies to IRS services, including
Get Transcript Online, Online Payment Agreement, Get an Identity Protection PIN (IP PIN),
Submit Forms 2848 and 8821 Online.
Our team specializes in international expatriate U.S. personal tax return services. If you need assistance with ITIN Renewal/US 1040 filing for refund claim/FATCA Compliance work/FBAR FINCEN114 Filing, ITIN/Form W7 Application/E.I.N./Form W8BENE or Certified Acceptance Agents [C.A.A.] services/1040NR U.S. tax filing for refund claim of excess 1042S/8288A/8805/W2/1099, we are happy to assist our clients in a timely, efficient, and cost-effective way.
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