What is an ITIN?

An ITIN (Individual Taxpayer Identification Number) is a unique nine-digit number issued by the IRS to individuals who are required to have a U.S. tax identification number but are not eligible for a Social Security Number (SSN). Unlike an SSN, an ITIN is used exclusively for federal tax reporting purposes and for fulfilling IRS requirements.

Having an ITIN allows foreign nationals and non-residents to:

• Legally file U.S. taxes

• Open business bank accounts

• Operate U.S.-based companies or investments

• Access financial platforms and marketplaces that require U.S. tax identification

Who Needs an ITIN?

An ITIN is required for:

• Non-U.S. residents owning a U.S. business entity (LLC, C-Corp, Partnership)

• Foreign investors earning U.S.-source income

• Entrepreneurs opening U.S. business bank accounts without an SSN

• E-commerce sellers on Amazon, Walmart, Shopify, or TikTok Shop

• Individuals claiming benefits under U.S. tax treaties

• International freelancers or service providers receiving U.S. income

Even if your business earns no profit initially, you may still need an ITIN for legal compliance and banking purposes.

Why You Need an ITIN

Obtaining an ITIN is critical for multiple reasons:

1. Tax Compliance

The IRS requires all U.S.-source income to be reported, even for non-residents. An ITIN ensures you can file taxes accurately and avoid penalties.

2. Business Operations

Most U.S. banks require an EIN and ITIN to open business accounts. Without it, international entrepreneurs cannot legally manage payments or receive client funds.

3. E-Commerce & Marketplace Access

Top marketplaces like Amazon, Walmart, and TikTok Shop require a tax identification number to verify your business and process payouts.

4. Investment & Legal Activities

Foreign investors seeking to buy U.S. property, securities, or participate in joint ventures need an ITIN to comply with IRS reporting requirements.

5. Financial Credibility

Having an ITIN enhances your credibility with banks, payment providers, and investors, showing that your business is compliant and professional.

Challenges in ITIN Application

Applying for an ITIN can be complex, especially for non-U.S. residents:

• Strict IRS Documentation Requirements – Incorrect forms or missing documents can cause delays.

• Form W-7 Complexity – The main IRS form for ITIN application requires accurate completion.

• No SSN – Applicants without an SSN must carefully follow alternative procedures.

• Processing Delays – Approvals may take 6–12 weeks or longer if documentation is incomplete.

• Foreign Submission – Many applicants cannot visit a U.S. IRS office in person, making remote applications necessary.

iFiler addresses these challenges with a structured, step-by-step process and expert guidance.

How iFiler Assists You

Our ITIN service is comprehensive and designed for international clients. We provide:

• Step-by-Step Guidance – Clear instructions on forms, documents, and submission process.

• Form W-7 Preparation & Filing – Accurate completion and direct submission to the IRS.

• Documentation Verification – Ensures passport, ID, and supporting documents meet IRS standards.

• Remote Application Support – Assistance for applicants who cannot visit the U.S.

• IRS Follow-Up – Tracking your application status to ensure timely approval.

• Integration with Banking & Marketplaces – ITIN ready to use for U.S. business bank accounts, Amazon, Walmart, or TikTok Shop accounts.

Required Documents

To apply for an ITIN through iFiler, you typically need:

• Passport (preferred) or government-issued ID

• Completed Form W-7

• Proof of U.S. tax filing requirement (if applicable)

• Business formation documents (for company-related ITIN applications)

• Supporting evidence of foreign status and identity

iFiler ensures that all documents are accurately prepared, verified, and submitted according to IRS guidelines.

Benefits of Using iFiler

• Expertise – Experienced team familiar with IRS ITIN requirements.

• Fast & Efficient – Streamlined process for quicker approvals.

• Error-Free Applications – Reduces risk of rejection or delays.

• Global Accessibility – Support for applicants worldwide.

• E-Commerce & Banking Ready – Enables account openings, marketplace access, and compliance immediately after approval.

Common Questions About ITIN

• Can I apply without an SSN? Yes, we handle applications for non-residents with no SSN.

• How long does it take to get an ITIN? Usually 6–12 weeks, depending on IRS processing times.

• Do I need an ITIN if I have no U.S. income yet? Often yes, if you plan to open a U.S. bank account or operate a business.

• Can I use my ITIN for multiple businesses? Yes, it can be used for all legal tax and banking activities under your name.