Finance and Accounting Services in the Philippines
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It's important for enrolled tax return agents to possess a valid PTIN renewed for the current year if they want to assist in filling federal tax returns for a fee. Here's a list of the most frequently asked questions by our customers with respect to SSN requirements and obtaining a PTIN, when they outsource financial and accounting services to Outsource2india.
This article lists important questions on PTIN across sub-domains. In case the question you are looking for is not answered below, or not addressed satisfactorily, please feel free to contact us.
To obtain a PTIN, individuals need to share their social security numbers. However, it is important to note that US citizens who have an objection to obtaining a social security number for religious reasons, can obtain a PTIN without doing so. Similarly, foreign individuals who are not eligible for a social security number, and have a permanent non-U.S. address, can obtain a PTIN without providing a social security number.
Those individuals who have obtained an Individual Taxpayer Identification Number (ITIN), are not eligible to apply for a PTIN, unless they fall in the category of being foreign individuals who have a permanent non-U.S. address.
Such individuals must first fill Form W-12, which is an application for obtaining IRS Paid Preparer Tax Identification Number. They must also completely fill Form 8945 PTIN Supplemental Application for U.S. Citizens without a Social Security Number Due to Conscientious Religious Objection.
A foreign preparer who does not have a social security number, nor a resident alien of the U.S. as defined in section 7701(b)(1)(A), should do the following to get a PTIN -
A resident of Puerto Rico, who has never filed income tax return in the U.S., can fill the application form online through his PTIN account. He/she should select PTIN Sign-Up from the main menu and follow the instructions to complete the application filing process. Alternatively, one can also fill a physical form W-12, in which the address mentioned on Line 8b has to match the information furnished in the Hacienda tax return papers.
Once again, the original or a notarized copy of the individual's social security card has to be submitted. Other supporting Government documents that are accepted are -
Filled Form W-12, along with the supporting documentation should be sent to -
O2I is a leading accounting outsourcing company in India, and our Tax Preparation Services have helped small and mid-sized business owners file tax returns with ease. Our team of accountants and bookkeepers is capable of efficiently handling all your finance and accounting requirements and provide streamlined in-house servicing during all stages of the tax cycle.
Read our FAQs on Preparer Tax Identification Number to avail expert help in the field of tax filing and tax preparation and Contact us to benefit from our bespoke financial accounting services.
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