My email to IRS 9 June 2008
I was intending to file a 2008 return, however there appears to be a minimum gross amount (for a single under 65 in 2007 $8750) whereby a return is not necessary.
As my property was only brought mid year and income is shared between 2 of us, then I believe each of us will earn under that amount.
Does this mean we complete NO return, or a modified one, or just notify IRS of one for next year?
Also with regard to requesting an ITIN, my US rental agent told me I needed one to rent to Section 8 tenants. However I have looked at the exceptions on the ITIN form and this is not mentioned.
I'd be grateful for your advice.
IRS reply 10th June 2008
You do not need to file a return if your US income is under the minimum amount.
You will need to request an ITIN for your rental property regardless of renting to Section 8 tenants. Please see Pub 1916 to see which exceptions you qualify for (e.g. mortgage payments or receiving rental income).
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