For example, a practitioner must input W2 and 1099 information, including federal and state employee
identification numbers, which takes extra time.
In general, taxpayers requesting an ITIN expressly to comply with income tax filing obligations must file a completed Federal return with Form W-7, Application for IRS Individual Taxpayer
Identification Number. However, this requirement has four exceptions.
If, during the election period, there is an executor, a single Form 1041 is filed annually for the combined electing trust and related estate under the name and taxpayer
identification number of the estate [Treas.
According to an Internal Revenue service news release (IR 95-50), individual income tax returns that do not include valid Social Security numbers (SSNs) or IRS-assigned individual taxpayer
identification numbers (ITINs) will be held up in processing, with all related claims possibly disallowed and the tax readjusted.
In addition to receiving their EIN, taxpayers will also receive a separate mailing containing an EFTPS personal
identification number and instructions for activating their enrollment (by calling a toll-flee telephone number, entering banking information and completing an authorization for EFTPS to transfer funds to Treasury's account for tax payments, per their instructions).
In Notice 2004-1, the Service announced several steps to strengthen controls over the issuance of individual taxpayer
identification numbers (ITINs), to help ensure that ITINs are issued for their intended purpose and not for other reasons (such as providing personal identification).
* The name, address and
identification number of the group health plan the employee elects.
* Select a personal
identification number online when changing a bank account number, and begin making payments from that account immediately, if electing to bypass bank verification of bank account information.
* EFIN--Electronic filing
identification number. The six-digit number the IRS assigns to each applicant in the electronic filing program.
The taxpayer must sign a copy of Form SS-4, Application for Employer
Identification Number, and a statement authorizing the representative to receive the number online.