I would like to check if I need an ITIN and what documents do I need to apply for one.

Question

I am on F-1 visa earning passive income of approximately over $2000 annually from dividends. I am not eligible for social security given I am not currently working and I have already obtained a letter of denial from the social security office.

James L. Arrasmith · Answer

Based on your situation as an F-1 visa holder with passive income from dividends, it's likely that you will need an Individual Taxpayer Identification Number (ITIN) since you're not eligible for a Social Security Number (SSN). The ITIN is used by the IRS to process taxes for individuals who are required to file taxes in the U.S. but do not qualify for an SSN. 
 
To apply for an ITIN, you will need to complete IRS Form W-7. Along with this form, you'll need to provide a proof of identity and foreign status. Typically, this can include your passport, which is generally sufficient as it proves both identity and foreign status. If a passport isn't available, other documents like a U.S. visa, birth certificate, or national identification card can be used. 
 
You should also include your tax return for which the ITIN is needed. Since you're earning income in the U.S., you're required to file a tax return, and the ITIN application should be attached to this return. Remember, it's important to ensure all documents are accurate and properly filled out to avoid delays in processing. 
 
Given the intricacies of tax law and the importance of accurate filing, it may be beneficial to consult with a professional who has experience in tax matters for non-residents. They can guide you through the application process and ensure all requirements are met.

Q: I would like to check if I need an ITIN and what documents do I need to apply for one.