ITIN (Individual Taxpayer Identification Number) is a tax processing number issued by the Internal Revenue Service (IRS) for non-resident and resident aliens who are not eligible for a Social Security Number (SSN) but need to file a US tax return. Some of the benefits of having an ITIN include:

  1. Ability to file US tax returns: ITIN enables non-residents to file US tax returns and report their income to the IRS.
  2. Compliance with US tax laws: ITIN helps non-residents comply with US tax laws and avoid penalties for failing to file taxes.
  3. Eligibility for certain tax credits: Non-residents with ITIN may be eligible for certain tax credits, such as the Child Tax Credit or the American Opportunity Tax Credit, which can result in a lower tax liability or a refund.
  4. Ability to claim dependents: Non-residents with ITIN can claim dependents on their US tax returns, which may result in a lower tax liability.
  5. Access to US financial services: Having an ITIN may also make it easier for non-residents to open a bank account or apply for a loan in the US.

Overall, ITIN provides non-residents with a way to comply with US tax laws and access certain financial benefits while they are in the country.

To get your own ITIN, you can contact us.

Join to newsletter.

Join our newsletter to stay up to date on the latest e-commerce trends, strategies, and exclusive deals from Boostengo. Be the first to know about new services and promotions. Sign up now!

Get a personal consultation.

Whether you’re just starting out or looking to take your existing online business to the next level. Let us help you turn your e-commerce dreams into reality with Shopify!