Losing your ITIN (Individual Taxpayer Identification Number) might be a scary thing, but do not worry. This article will guide you through the procedures you should undertake if your ITIN is lost and will help answer some of the frequently asked questions.
What is an ITIN?
An ITIN, or Individual Taxpayer Identification Number, is a tax-processing number issued by the Internal Revenue Service (IRS) to non-citizens, permanent residents, and certain eligible U.S. residents who lack a Social Security Number (SSN).
It is most often utilized for tax-filing and other financial reporting in the country. An ITIN is always a 9-digit number which begins with the digit “9.”
What’s the Importance of an ITIN?
Your ITIN matters to you for several reasons:
- File income tax with the IRS.
- Open a bank account or apply for a loan.
- Tax refund: This is possible if you qualify for it.
- Obey U.S. tax code if you are a non-citizen.
Step-by-Step: What if I Lost My ITIN?
Losing an ITIN can be distressing, but retrieving it is possible. Here’s the step-by-step process:
1. Try to Locate Your Previous Tax Returns and Documents
Your ITIN is usually attached to other IRS documents, such as when you file tax returns or receive mail from the IRS. Look for it here:
- Sort through old tax returns and W-2s: Check any tax documents you’ve ever filed. Your ITIN is located on those documents.
- Check online tax prep software: If you do your taxes online, check the tax preparation software used. The information may be in your account details there.
2. Contact the IRS
When you can’t find your ITIN on any papers you may have, contact the IRS:
- Call the IRS: If you are in the U.S., call 1-800-829-1040. If you are calling from outside the U.S., call 267-941-1000. Have identity verification documents with you, like your passport or visa.
- What it’s going to be: It may take some time to get an IRS representative on the phone, especially during tax season. They will help you find your missing ITIN.
3. Obtain a Copy of Your ITIN Letter
If you have lost the original letter assigning your ITIN (a CP565 notice), you can request a copy from the IRS.
- Mail a letter requesting a copy of your ITIN assignment letter to:
Internal Revenue Service
ITIN Operation
O. Box 149342
Austin, TX 78714-9342
Include your full name, current mailing address, and a copy of identification documents, such as your passport. The IRS can take weeks to process and mail such an application.
4. Securing Your ITIN for the Future
Once you receive your ITIN back, don’t misplace it again:
- Safe storage: Keep a paper document copy of your ITIN in a safe drawer or folder, or on a password-protected digital drive.
- Use safe systems: If you use online tax software, ensure it keeps your ITIN and other information safe.
Frequently Asked Questions (FAQs)
Q1: Can I obtain a new ITIN if my old one gets lost?
No, you cannot request a new ITIN if your old one is lost. Your ITIN is good for life. Recover your missing ITIN using the procedures outlined above.
Q2: What do I do if my ITIN has expired?
If your ITIN is expiring, you must renew it. Renewal and retrieval are two different processes. Renewal means applying for a new ITIN by mailing a W-7 to the IRS, along with your identification documents.
Q3: Can I use my ITIN at work?
No, an ITIN is not for work authorization. It is used for tax purposes only. If you need to work in the U.S., you will require proper work authorization, such as a work visa or SSN.
Q4: How long does it take to obtain a copy of my ITIN?
The process of getting a copy of your ITIN letter from the IRS can take weeks, especially during tax season. Plan ahead if you need it for tax or other purposes.
Final Thoughts
Losing an ITIN might be inconvenient, but there is no need to stress while seeking to recover it. Checking previous tax documents, contacting the IRS, or requesting a copy of an ITIN letter can get you back on track.
Once you receive your ITIN, keeping it in a safe place ensures you don’t face the same issue again. You can always contact the IRS if help is needed. This way, you will avoid stress and delays in the future.
If you have other questions or need help at any stage, feel free to comment below!
For more detailed information on Individual Taxpayer Identification Numbers (ITINs), including how to apply and legal considerations, visit the IRS official page on ITINs.
For further assistance with ITIN applications, check out our ITIN page.