RJ Tax

What are the conditions in which a non-US person needs an ITIN?

Most of the people don’t know the circumstances during which a non-US person need an ITIN and what an ITIN exactly implies.

Usually, they are confused with the words ITIN (Individual Taxpayer Identification Number) and EIN (Employer Identification Number). The EIN number will be used for the company’s tax purposes whereas an ITIN will be used for the individuals. IN most cases, the ITIN will be termed as Social Security Number (SSN).

The SSN entitles residents or native citizens of the USA to work in the US. On the other hand, ITIN is required for the individuals for whom the US taxpayer ID is required.