The Crucial Role of ITIN For People Married Overseas

Increase Your Tax Refund by Four Times

The Individual Taxpayer Identification Number (ITIN) is a unique nine-digit tax processing number issued by the Internal Revenue Service (IRS) to individuals who are required to file taxes in the United States but are not eligible for a Social Security Number (SSN). ITINs are primarily utilized by non-resident aliens (NRA) who require tax identification for tax filing purposes. ITINs serve a crucial role in enabling individuals who cannot obtain an SSN to file federal and state income tax returns.

For married couples where one spouse is a U.S. citizen or resident alien (green card holder) and the other is a non-resident alien, obtaining an ITIN for the non-resident spouse is particularly advantageous. It allows both spouses to file taxes jointly, potentially increasing their tax refund by four times or in case if they owe taxes, reducing their overall tax liability significantly by facilitating the tax deductions and credits that are only available for married couple (filing as married filing jointly) as opposed to someone who is filing as single or married filing separately1. For illustration purposes, for calendar year 2024, an individual earning $90,000 annually will get a federal tax refund of approximately $1,500 if he/she files as a single or married filing separately while the same person will receive a tax refund of approximately $6,400 if he/she files jointly2. That is an increase of approximately $5,000, approximately four times.

Filing taxes jointly as a married couple, particularly when one spouse is a U.S. citizen or resident alien (green card holder) and the other is a non-resident alien, holds significant immigration benefits. It solidifies the non-resident spouse’s financial connection to the U.S., portraying a unified economic presence critical for immigration purposes. Additionally, joint filing can bolster immigration applications by demonstrating the couple’s commitment and stability. Moreover, it unlocks access to various tax benefits and credits unavailable when filing as a single or separately, thus promoting financial security and credibility in the eyes of immigration authorities. Overall, married filing jointly strategically aligns with immigration goals while optimizing tax advantages.

Ready to unlock the financial benefits of joint filing? Contact us at (301) 301-0595 / (301) 301-0599 or email at info@vertexfinancials.com to obtain your spouse’s ITIN today. Don’t miss out on this great advantage to maximize your tax refund! Let us help you to uncover the financial perks of your new union, so you can focus on celebrating love and enjoying that bigger refund. 

Here’s to a lifetime of love and financial bliss!