Page 10 - Foreign Investor Guide - Hawaii
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Withholding Certificate & Tax Identification Number
What if the seller applies for a Withholding Types of Taxpayer Identification Numbers
Certificate to excuse withholding and the (TINs):
application is still pending at the time of the
disposition? SSN
If an application for a Withholding Certificate is You will need to complete Form SS-5,
submitted to the IRS on or before the date of a Application for a Social Security Card (PDF).
transfer and the application is still pending on You also must submit evidence of your identity,
the date of transfer, the withholding tax must be age, and U.S. citizenship or lawful alien status.
withheld. For more information please see the Social
Security web site. Form SS-5 is also available
A Taxpayer Identification Number (TIN) is by calling 1-800-772-1213 or visiting your local
an identification number used by the Internal Social Security office. These services are free.
Revenue Service (IRS) in the administration of tax
laws. A Social Security number (SSN) is issued by EIN
the SSA whereas all other TINs are issued by the An Employer Identification Number (EIN)
IRS. is also known as a federal tax identification
number, and is used to identify a business
Examples of Taxpayer Identification Numbers: entity. Refer to Employer ID Numbers for more
Social Security Number “SSN” information.
Employer Identification Number “EIN”
Individual Taxpayer Identification Number “ITIN” ITIN
An ITIN, or Individual Taxpayer Identification
Do You Need a Tax Identification Number Number, is a tax processing number only
(TIN)? available for certain nonresident and resident
A TIN must be furnished on returns, statements, aliens, their spouses, and dependents who
and other tax related documents. cannot get a Social Security Number (SSN). It
is a 9-digit number, beginning with the number
“9”, formatted like an SSN (NNN-NN-NNNN).
To obtain an ITIN, you must complete IRS Form
W-7, IRS Application for Individual Taxpayer
Identification Number (PDF).
