International Tax IssuesAnswered

ITIN vs SSN for LLC owners on different visa types

FA
fatima_a4aenew member
April 20, 2020 2,430 views 1 answer
itinssntax-idvisa-typesbank-account

I am confused about whether I need an ITIN or SSN for my U.S. LLC. I have been told that some visa types qualify for an SSN while others require an ITIN. What determines which tax identification number I should get? How does having an ITIN versus an SSN affect my ability to open a bank account, file taxes, and operate my LLC? I am currently on a B-1 visa but may change status later.

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