Foreign Investment in Real Property Tax Act and Your TIN – IRC 897, 1445; TD 9082; IRS Form 8882, W-7

As part of an IRS Examination under the Foreign Investment in Real Property Tax Act (FIRPTA) you absolutely must have a Taxpayer Identification Number (TIN) to mitigate 26 U.S. Code § 1445 – Withholding of tax on dispositions of United States real property interests If you do not qualify for a Social Security Number (SSN) you may…

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Exceptions to the requirement that a U.S. Federal Income Tax Return Accompany an ITIN Application – IRS Form W-7

You can indeed claim an exception to the requirement to submit an original U.S. Federal income tax return with IRS Form W-7 – ITIN Application, all you need is substantiated proof of your claim. So what are the exceptions allowing for the ITIN application without a tax return and how do you substantiate your claim? Exception 1.…

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IRS Interim Changes for Individual Taxpayer Identification Number Application (ITIN)

Interim changes for issuing Individual Taxpayer Identification Numbers (ITIN) have been announced by the IRS. ITINs are only issued to people who are not eligible to obtain a Social Security Number. During this interim period WHICH IS TO LAST UNTIL THE START OF THE 2012 TAX FILING SEASON, the IRS will only issue ITINs when applications…

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