Hi, I’ve watched several videos about filling out Form 5472 for a Foreign-Owned U.S. Disregarded Entity, but as a digital nomad and IT consultant, I’m still a bit confused about what the IRS expects for "Line 1o – Principal country(ies) where business is conducted." Should I list: 1. The countries where my clients are located (which would be the US), or 2. The countries where I was physically present while performing the work (which would be the NL, BE, FR, DE, and a few others)? Unfortunately, the official guidelines don’t provide clarity on this question.

As widely discussed in this community, by March 27, Wise requires to verify a business address using various types of documentation (lease, utilities, licenses, insurances, etc.) issued on your business name. However, if you operate a Disregarded Entity, you may not have this documentation on your business name, rather on your personal name... One option mentioned is using a tax document that meets the following guidelines: - Must show your registered business name - Must be from the current or previous tax year - Can be a Tax Filing, Tax Return, or a document from a local tax authority My question is: Are faxed forms 1120 + 5472 (with or without the fax confirmation slip) acceptable to Wise as proof of business address? Do they fall into category of "Tax Filing"? Any experience and / or insights would be greatly appreciated!

Hi there, I have filed the BOI report last year on feb. No information was changed since then. Should I file it again?

ITIN stands for "!Individual! Taxpayer Identification Number". I've seen a lot of questions about ITIN number. I want to just notify anybody about the necessity to fill a U.S. federal tax return every year in case you want your ITIN to remain active. If you won't fill it won't be active. You assign ITIN for yourself when you fill the tax return form W-7. Primarily it's not an identifier for a bank or a credit rating, it's a number to pay your annual personal taxes in America. If you are a non-resident of the US, you need to pay your personal taxes in the country you reside. Filling the yearly personal tax declaration (which is ITIN created for) is an option for non-residents. Do not consider ITIN as an identificator for the bank/credit cards/credit score on the first place, it is only the second place. Federal tax is the purpose, you should fill the form every year. "If your individual taxpayer identification number (ITIN) expired, you must renew the ITIN if it will be included on a federal tax return." Without renew it will be expired: https://www.irs.gov/tin/itin/how-to-renew-an-itin An ITIN is a 9-digit number the IRS issues if you need a !U.S. taxpayer identification number for federal tax purposes!, but you aren’t eligible for a Social Security number (SSN). You may need an ITIN if you’re a: - Nonresident alien claiming a tax treaty benefit - Nonresident alien filing a U.S. federal tax return - Resident alien filing a U.S. federal tax return - Dependent or spouse of a U.S. citizen/resident alien - Nonresident alien student, professor or researcher filing a U.S. federal tax return or claiming an exception - Dependent or spouse of a nonresident alien U.S. visa holder Source: https://www.irs.gov/tin/itin/individual-taxpayer-identification-number-itin P.S.: If you want to build your personal credit history with the US and want to fill personal taxes every year you should apply for ITIN. Otherwise you will have EIN for any business operations connected with banks, etc.

I've sent the fax 2 weeks ago, called 1 week after and today, after 2 weeks, but still the EIN number is not assigned and I am not in their database. They advised me to send the fax again, so I've sent it couple times, but the result is the same. I've sent the Fax to the following numbers: 855-641-6935 (preferable) 855-215-1627 I've called to the following numbers later: 800-829-4933 (preferable) 267-941-1099 2 years ago I've done this by calling after 5 days, and the IRS representative asked me to send the fax during the call, so I've received EIN fax back instantly during the call. And what about today's terms? P.S.: Before I've told that it takes 5 days after sending the fax, but such situation was 2 years ago, wait for your advise to make it faster. Thank you!