Many international investors buy U.S. stocks through brokerage accounts. While investing in the U.S. market is common, it may create U.S. tax obligations.
At Nolly.com, we help non U.S. investors apply for an ITIN and understand their filing requirements.
Why U.S. Stock Investors May Need an ITIN
- If a non U.S. investor must file a U.S. tax return, an ITIN is required.
- This identification number allows the IRS to process filings.
Without an ITIN, returns and refunds cannot be processed.
Common Sources of U.S. Investment Income
- Dividends from U.S. companies
- Certain capital gains situations
- Partnership investments
- Real estate investment trusts
Each situation should be reviewed carefully.
Withholding Does Not Always Reflect Final Tax
- Brokerages may withhold tax on certain payments.
- This withholding may not represent the final tax owed.
Filing a return may allow a refund or proper reconciliation.
Filing Form 1040NR
- Non U.S. investors who must file generally use Form 1040NR.
- An ITIN is required for this filing.
Correct reporting ensures compliance.
ITIN Application Process
- The IRS uses Form W 7 for ITIN applications.
- It is typically submitted with the tax return.
A valid passport is usually required for identity verification.
Processing Time
- ITIN processing normally takes six to ten weeks.
- Incomplete submissions often cause delays.
How Nolly.com Helps
We assist international investors with ITIN applications, non resident tax returns, and compliance guidance.
Our goal is to make the process simple and accurate.
Final Thoughts
If you invest in U.S. stocks as a non U.S. resident, an ITIN may be required. Filing correctly helps avoid issues with the IRS.
Start your ITIN application with Nolly.com today. We help international investors stay compliant and confident.
Published March 5, 2026. General information, not tax advice. Nolly Services Inc is a private company and is not part of the IRS.
