If you have dependents who do not qualify for a Social Security Number (SSN), you may need to apply for an Individual Taxpayer Identification Number (ITIN) on their behalf. Here's what you need to know about ITIN applications for dependents.
Who Qualifies as a Dependent?
The Internal Revenue Service (IRS) defines a dependent as a qualifying child or a qualifying relative. A qualifying child must be under the age of 19 (or under the age of 24 if a full-time student), must live with you for more than half the year, and must not provide more than half of their own support. A qualifying relative can be any age, but must meet certain income and support requirements.
How to Apply for an ITIN for a Dependent
To apply for an ITIN for a dependent, you will need to fill out Form W-7, Application for IRS Individual Taxpayer Identification Number. You will also need to provide supporting documentation to prove your dependent's identity and foreign status, such as a passport or national identification card. In addition, you will need to provide documentation to show that your dependent qualifies as a dependent, such as birth certificates or adoption papers.
Common Mistakes to Avoid
When applying for an ITIN for a dependent, there are several common mistakes to avoid. These include submitting incomplete or inaccurate forms, not providing sufficient documentation, and not including the required signatures. It's important to double-check your application and make sure all necessary documentation is included before submitting it to the IRS.
In conclusion, applying for an ITIN for a dependent can be a bit more complicated than applying for one for yourself. However, with the right documentation and attention to detail, you can ensure that your dependent receives the ITIN they need to file taxes and access other financial benefits in the United States.