I am on H1B and my wife on H4. I shall be filing for taxes as married jointly. I have learned that my wife will need an ITIN since she is not eligible for SSN. Got a couple of queries regarding this.
1) How do I apply for ITIN... I read it somewhere that I need to fill W7, attach a notarised copy of my wife's passport and my W2 form and mail it to the address on the W7. I wanted to know whether I should attach a copy of my W2 or the original.
2) ITIN takes a couple of weeks.Is it too late for me to apply for ITIN now? What do you recommend and how do I go about filing taxes.
3)Will I have to wait till I receive my wife's ITIN before I file for federal income tax returns and state income tax returns?
4) Is it compulsory for me to apply for ITIN? If not, how do I file the taxes.
5) Which 1040 form should I fill and what should be written under exemption? Do I need to select me and spouse. Also, do I need to write my wife's name under dependents.