What happens and what do you do AFTER you rescind your ITIN?

A legal immigrant has been granted an ITIN by the US Internal Revenue Service. The individual has been using this ITIN as a unique proof of identification as dependent-non-working spouse. Years later, the Immigration has granted this individual his green card which allows him to work and therefore, apply for a Social Security Number (SSN). It is the request of the IRS, that once granted a SSN, he must send a letter of request to RESCIND HIS ITIN and that will authorize the IRS to do so and transfer all tax-related information from previous years onto his fresh new SSN.

However, this reminds the individual of his State Department of Revenue (DOV). Back when he was still on ITIN, this ITIN is the only thing he had been using when the state tax filing is due. Now that he has his SSN... Question is...

Should he separately inform his local/state dept of revenue regarding his rescinded ITIN and replacing it with a SSN?

The individual did not receive any command from the IRS to inform his local/state DOV about his rescinded ITIN. Is he obliged to write to them regarding this matter?

And all the individual thought was that the IRS and local/state DOV have a centralized information system and would automatically relay the new ITIN from the IRS to his local DOV, is this a fact?

And what if the tax refunds have already been granted and all these information hasn't been completely processed by the IRS not the State DOV, is he subject to penalty. As far as the individual is concerned, he has abode to these requests and all and in a TIMELY MANNER. What if the government agencies themselves involved had been too slow?

2 Answers

Relevance
  • 7 years ago
    Best Answer

    Unfortunately IRS and States do not have centralized system, therefore you have to notify about new SSN every agency/lender/employer etc.

    Notify IRS about your new SSN & rescind ITIN

    Individuals who are not eligible to receive a Social Security Number (SSN) instead get an Individual Tax Payer Identification Number (ITIN).

    An alien individual can't have both an ITIN and a SSN. Therefore, once you receive your SSN (e.g., after getting an EAD), you will have to rescind your ITIN.

    After you receive your new SSN, you will have to send a letter to the IRS ITIN Unit requesting a rescind of your ITIN. The SSN will become the primary number and must be used for all future filing purposes. The IRS will void the ITIN. All prior tax information under the ITIN will be associated with the new SSN.

    Send a letter to:

    Internal Revenue Service

    ITIN Operation

    P.O. Box 149342

    Austin, TX 78714-9342

    Enclose the copies of your ITIN and SSN.

    You will then receive a letter (http://s4.postimage.org/mby4kn13h/Screen_shot_2013... from the IRS confirming that your ITIN was revoked and to use your new SSN for all tax purposes.

    source: http://www.immihelp.com/immigration/rescind-itin-a...

    *************************************

    How to Transfer Your Credit History to a Newly Assigned SSN

    When you are assigned a new Social Security Number (SSN), your previous credit history will not automatically transfer. Credit history is not kept by the Social Security Administration. Instead, the three major credit bureaus, Experian, TransUnion and Equifax, keep their own records of your credit history. Therefore, to transfer your credit history you will need to notify each of the credit bureaus directly and provide evidence of your claim.

    1. Contact your current lenders and inform them of your newly assigned SSN. They should begin to report your credit under your new number.

    2. Type a letter to the credit bureau, explaining that you have a new SSN. Keep the letter simple and to the point. List all previous numbers you had credit under and any previous names you used. Request that your account be listed in your new credit report.

    3.Print four copies of the letter, one for each of the three credit bureaus and one for your own records. Sign the three copies for the credit bureaus.

    4. Address one envelope to each credit bureau, affix a stamp and write your return address. The three credit bureau addresses are as follows:

    Equifax

    P.O. Box 740241

    Atlanta, GA 30374

    Experian

    P.O. Box 2002

    Allen, TX 75013

    TransUnion

    P.O. Box 1000

    Chester, PA 19022

    5. Make three copies of the document you received from the Social Security Administration informing you of your newly assigned SSN. Attach one to each letter and put each letter in an envelope. Mail the letters to the credit bureaus.

    6. Wait a month or two and request a free copy of your credit report through AnnualCreditReport.com from each credit bureau. Verify that your credit history has been transferred by each credit bureau. If it has not, call the credit bureau in question to sort out the problem.

    Equifax

    1-800-685-1111

    Experian

    1-888-397-3742

    TransUnion

    1-800-888-4213

    source: http://www.ehow.com/how_6758058_transfer-history-n...

    You can also check your credit score for free at http://www.creditkarma.com/

    *******************************************************

    Notify Selective Service (males 18-25 yrs old only)

    If you are a man ages 18 through 25 and living in the U.S., then you must register with Selective Service. It’s the law. According to law, a man must register with Selective Service within 30 days of his 18th birthday. Selective Service will accept late registrations but not after a man has reached age 26. You may be denied benefits or a job if you have not registered. You can register at any U.S. Post Office and do not need a social security number.

    When you do obtain a social security number, let Selective Service know. Provide a copy of your new social security number card; being sure to include your complete name, date of birth, Selective Service registration number, and current mailing address; and mail to:

    Selective Service System

    P.O. Box 94636

    Palatine, IL 60094-4636

    source: http://www.sss.gov/default.htm

    *****************************

    Do not forget to contact your bank and/or any other relevant institution (school, credit cards, memberships, etc.) about your new SSN.

  • 3 years ago

    For Credit and finance solutions I always visit this site where you can find all the solutions. http://personalfinancesolutions.info/index.html?sr...

    RE :What happens and what do you do AFTER you rescind your ITIN?

    A legal immigrant has been granted an ITIN by the US Internal Revenue Service. The individual has been using this ITIN as a unique proof of identification as dependent-non-working spouse. Years later, the Immigration has granted this individual his green card which allows him to work and therefore, apply for a Social Security Number (SSN). It is the request of the IRS, that once granted a SSN, he must send a letter of request to RESCIND HIS ITIN and that will authorize the IRS to do so and transfer all tax-related information from previous years onto his fresh new SSN.

    However, this reminds the individual of his State Department of Revenue (DOV). Back when he was still on ITIN, this ITIN is the only thing he had been using when the state tax filing is due. Now that he has his SSN... Question is...

    Should he separately inform his local/state dept of revenue regarding his rescinded ITIN and replacing it with a SSN?

    The individual did not receive any command from the IRS to inform his local/state DOV about his rescinded ITIN. Is he obliged to write to them regarding this matter?

    And all the individual thought was that the IRS and local/state DOV have a centralized information system and would automatically relay the new ITIN from the IRS to his local DOV, is this a fact?

    And what if the tax refunds have already been granted and all these information hasn't been completely processed by the IRS not the State DOV, is he subject to penalty. As far as the individual is concerned, he has abode to these requests and all and in a TIMELY MANNER. What if the government agencies themselves involved had been too slow?

    Follow 1 answer

    Source(s): For Credit and finance solutions I always visit this site where you can find all the solutions. http://personalfinancesolutions.info/index.html?sr...
Still have questions? Get your answers by asking now.