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Why do you need an ITIN?

If you are going to do one of the following tasks and are not a US citizen, you will need an Individual Tax Identification Number: 

  1. Open a US bank account (it doesn’t matter if it’s a personal or business account) 

  2. File tax return if you owe taxes 

  3. Comply with any US federal tax withholding requirements if you’ve earned income in the US

  4. Provide it to an employer to help get a job 

  5. Apply for a mortgage loan and finance a car 

  6. Apply for an apartment rental 

  7. Open a Paypal or Stripe account which require an ITIN to accept payments 


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