What form is required for self-employed individuals to apply for a Taxpayer Identification Number (TIN)?
Understand the Problem
The question is asking which specific BIR form self-employed individuals need to use in order to apply for a Taxpayer Identification Number (TIN). This requires knowledge of the forms used by the Bureau of Internal Revenue in a specific context.
Answer
Form SS-4 or Form W-7.
For self-employed individuals to apply for a Taxpayer Identification Number (TIN), they should use Form SS-4 for an Employer Identification Number (EIN) or Form W-7 if they need an Individual Taxpayer Identification Number (ITIN).
Answer for screen readers
For self-employed individuals to apply for a Taxpayer Identification Number (TIN), they should use Form SS-4 for an Employer Identification Number (EIN) or Form W-7 if they need an Individual Taxpayer Identification Number (ITIN).
More Information
The IRS Form SS-4 is typically used for applying for an Employer Identification Number (EIN), which is necessary for businesses, including some self-employed scenarios. Form W-7 is used specifically for obtaining an ITIN, often necessary for non-citizens who cannot obtain a Social Security Number.
Tips
A common mistake is confusing the use of Form SS-4 and Form W-7. Ensure you apply for the correct type of TIN depending on your specific needs (EIN or ITIN).
Sources
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