Just How Can I Obtain an Identification Number or ITIN
By Anthony Diosdi The Individual Tax Identification Number or ITIN allows taxpayers who do not have a Social Security Number to file tax returns. Unlike, a Social Security Number, an ITIN serves only one purpose- tax filing and reporting. Any nonresident conducting business in the United States must obtain an ITIN to open a U.S. bank account and file U.S. tax returns.Obtaining an ITINA nonresident alien applies for an ITIN on Form W-7. The form must be completed and signed under penalties of perjury. The IRS guidance instructs the nonresident alien applicant to mail the W-7 and supporting documentation to the IRS, Philadelphia Service Center, ITIN Unit, P.O. Box 447, Bensalem, PA 19020. Alternatively, the nonresident alien applicant can go to an Acceptance Agent in the U.S. or abroad. To…