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ITIN stands for Individual Taxpayer Identification Number. It is an alternative to a Social Security number for individuals who do not qualify for Social Security numbers (SSNs) but are required ...
The ITIN program was created in 1996 for the purpose of allowing tax return filing by individuals without a Social Security number. Receiving an ITIN number does not in itself confer the right to work and receive income in the United States. [4] ITINs are also used by real estate brokers to facilitate mortgages for unauthorized aliens. [5]
A tax identification number is a unique nine-digit number issued by the Social Security Administration or the Internal Revenue Service to anyone ... Individual Taxpayer Identification Number (ITIN ...
Any government-provided number that can be used in the US as a unique identifier when interacting with the IRS is a TIN, though none of them are referred to exclusively as a Taxpayer Identification Number. A TIN may be: a Social Security number (SSN) an Individual Taxpayer Identification Number (ITIN)
For example, to obtain a Social Security Number (SSN), individuals must complete Form SS-5 and submit it to the Social Security Administration. Typically, this application requires documentation ...
Although the original purpose for the number was for the Social Security Administration to track individuals, [1] the Social Security number has become a de facto national identification number for taxation and other purposes. [2] A Social Security number may be obtained by applying on Form SS-5, Application for a Social Security Number Card. [3]
An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the IRS for individuals who are not eligible for a Social Security Number.
The Tax Cuts and Jobs Act of 2017 restricted the credit to only those dependent children possessing a Social Security Number (SSN); previously, dependents who did not possess a SSN because of their immigration status could still be eligible for the credit using an Individual Taxpayer Identification Number (ITIN). [19]