What Is An ITIN and Why Do You Need One?

An ITIN (Individual Taxpayer Identification Number) is a tax processing number issued by the IRS for individuals who are required to file a U.S. tax return but do not qualify for a Social Security Number (SSN). 

You may need an ITIN if you: 

✅ Are a non-resident or resident alien required to file a tax return 

✅ Have a spouse or dependents who do not qualify for an SSN 

✅ Own U.S. rental property and need to report rental income

✅ Are a foreign investor earning income in the U.S. 

Benefits of Having an ITIN 

🔹 File Your Taxes Legally – An ITIN allows you to comply with U.S. tax laws 

🔹 Claim Tax Credits – If eligible, you can claim certain deductions and credits 

🔹 Open a U.S. Bank Account – Some banks allow ITIN holders to open accounts 

🔹 Build Credit History – An ITIN may help establish a financial profile in the U.S. 

At JakalTax, we specialize in helping individuals apply for and renew their ITINs quickly and hassle-free. Contact us today to get started! 

If you don’t file your taxes for three consecutive years, your ITIN will expire, and you’ll need to renew it. Fortunately, renewing your ITIN is simple—you can do it while filing your regular federal tax return. Just let your tax preparer know, and they’ll handle the renewal for you. 

Why renew your ITIN?

Keeping your ITIN active ensures you remain eligible for certain tax credits and prevents any delays in processing your return. 

At JakalTax, we make the renewal process effortless. With a Certifying Acceptance Agent (CAA) on staff, we handle everything in-house—so you won’t have to send documents to the IRS yourself. We take care of it all, hassle-free! 

Completing form W-7

01.

We will complete your ITIN application in person.  

You must bring your identity documents and proof of foreign status.  A list of documents can be found:  https://www.irs.gov/individuals/revised-application-standards-for-itins. 

Mailing w-7 & other documents 

02.

After we complete your ITIN application (form W-7)  and your federal return for that year, we will mail it to the IRS for the final stages of approval. 

JakalTax is a certified acceptance agent meaning we can be the one who mails the documents on your behalf to make sure your ITIN can be renewed! 

Processing time for ITINs is 6-8 weeks, however, we will work closely with ITIN department as needed to ensure it is completed.