As I planned to expand my freelance business to the U.S., I started questioning why I would need an ITIN. Was it only for filing taxes, or were there other situations where it would be required? It left me uncertain about its exact purpose.
Answer by: Abdullah Al Naim
8 months ago
An ITIN is essential for nonresidents who don’t qualify for an SSN. It allows you to file federal tax returns, open bank accounts, apply for business loans, obtain mortgages, receive certain government benefits, and handle other IRS-required transactions.
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Get one with the assistance of an IRS CAA.
