The US Treasury recently released 2010 numbers describing the credits and taxes paid by those folks in this country who use an ITIN rather than an SSN. It's an interesting look into the costs and benefits of our current tax structure.
The IRS site describing who needs ITINs is here. It says that
The IRS site describing who needs ITINs is here. It says that
IRS issues ITINs to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain a Social Security Number (SSN) from the Social Security Administration (SSA).
ITINs are issued regardless of immigration status because both resident and nonresident aliens may have a U.S. filing or reporting requirement under the Internal Revenue Code.
I guess the most interesting part is the tax credit stuff.
ITINs are issued regardless of immigration status because both resident and nonresident aliens may have a U.S. filing or reporting requirement under the Internal Revenue Code.
I guess the most interesting part is the tax credit stuff.
