FAQ > How important is it to get an ITIN?
If you do not have a social security number but have to file taxes in the United States, you will need to apply for an ITIN. The only reason to get an ITIN is for tax requirements. This is because the IRS has to collect taxes and keep a record of taxpayers, regardless of whether they are originally from the U.S. You must get an ITIN so that you do not get dinged with IRS tax penalties. Also, filling out the ITIN form is very easy when you go through the website to apply for an ITIN W-7.
Benefits of having an ITIN
Due to the fact that you need an ITIN for taxes, you also reap the benefits of being a taxpayer. You can get a significant amount of money through an IRS tax refund depending on your employment. By obeying the law to get an ITIN, you show that you are following the rules of the U.S. government. If you earn money in the United States, you must comply with all IRS guidelines. In doing your duty, show the government that you care about the law.
Now that you know how important it is to get an ITIN, it's time to start the process. Fortunately, it's easy. All you need to do is fill out a W7 form online through the ITIN website W7 Application. Once you complete your online form and follow our required document checklist, we will give you a PDF of your forms and you will have everything you need to send to the IRS.
Get your ITIN ASAP
If you have heard that you need an ITIN, you may wonder why the status of your ITIN is really important. In this topic it can easily get confusing, so we hope that our simple explanation of filling out an ITIN form helps make all the sense for you. Don't wait to experience the benefits of having an ITIN. Start the application now!