On November 3, 2021, the IRS published DRAFT Instructions for Form W-7, Application for IRS Individual Taxpayer Identification Number to be used with the August 2019 revision of Form W-7. In it, we have a few new items:
- Renewal applications. Form W-7 renewal applications now must include a U.S. federal tax return unless the individual meets an exception to the requirement. Be sure to review the Exception Tables, as they have been updated with respect to the type of documentation an individual must submit in order to claim the exception. In certain instances, original documentation is now required.
- An expanded definition of the allowable tax benefit and new rules related to the child and dependent care credit (CDCC) with respect to non-U.S. individuals from Canada and Mexico.
Check out the DRAFT Instructions for Form W-7 here: