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Top Common Mistakes To Be Avoid While Applying For ITIN

Top Common Mistakes To Be Avoid While Applying For ITIN

<p style&equals;"text-align&colon; justify&semi;">An ITIN is assigned by the Internal Revenue Service &lpar;IRS&rpar; to individuals which are a tax processing number for the individual tax payers&period; ITIN applications needs to be filled on Form W7 and one must be very careful about this and need to know properly on <strong>how to apply for ITIN<&sol;strong>&period; People may do some mistakes that need to be avoided while applying for the individual taxpayer identification number &lpar;ITIN&rpar;&colon;<&sol;p>&NewLine;<ol style&equals;"text-align&colon; justify&semi;">&NewLine;<li>Not only the resident alien earning income in U&period;S&comma; even those who will be appear on a tax return as a spouse or dependent can also apply for ITIN in order to claim exemption&period; There must be a separate application for each tax payer&comma; spouse and dependent children&period;<&sol;li>&NewLine;<li>The tax applicants must need to fill the <strong>W7 form<&sol;strong> This means that all lines on the form must be completed properly&period; In case you don’t have any information to write on the form&comma; mark &OpenCurlyDoubleQuote;NA” and don’t do the mistake of leaving it blank&period;<&sol;li>&NewLine;<li>The applicant have to submit original documents of passport&comma; birth certificates or any other certified copies of these documents b issuing agency along with your application for IRS ITIN&period; Any Notarized copy of documentation will not be accepted&period;<&sol;li>&NewLine;<li>If you have citizenship for more than one country&comma; then you should list both the countries with a slash between them&period; So&comma; you have to write down the full names of the countries without abbreviating&period; However&comma; the form will allow listing of two countries&period;<&sol;li>&NewLine;<li>While we fill up any form&comma; we mainly write our birth dates on Date&sol;Month&sol;Yea format but in case of W-7 form&comma; all the dates must be write in the format of Month&sol;Date&sol;Year style&period;<&sol;li>&NewLine;<li>Form W-7 also asks for the proof of your &OpenCurlyDoubleQuote;foreign status” or &OpenCurlyDoubleQuote;identity”&period; So&comma; submitting an original valid passport &lpar;or any certified copy from the issuing agency&rpar; is enough to prove it further&period; If your passport has been expired or you are unable to submit it&comma; then you have to submit atleast two of the original documents listed on the requirement lists among which one document must have your photo&period;<&sol;li>&NewLine;<li>If you are filling the form of an applicant who is under 14&comma; it must be signed by the guardian or parent from his or her behalf&period; In such case&comma; the name of the guardian or parent must be written on the form where it will ask for the &OpenCurlyDoubleQuote;Name of the delegate”&period; Also&comma; not to forget to mark the relationship of the applicant on the right hand side&period;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>ITIN<&sol;strong> application needs to be filled very carefully and with diligence so that you would not face any problem or risk of rejection of your application&period; So&comma; it is better if you could take the Acceptance of the agents or tax experts sp that you would not face any trouble&period;<&sol;p>&NewLine;

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