IRS announces new sign-in system for QI / WP / WT application and account management system (QAAMS)
New sign-in system requires new users to register or sign in with “ID.me”
New sign-in system requires new users to register or sign in with “ID.me”
The IRS today announced that it will transition the qualified intermediary (QI), withholding foreign partnership (WP), and withholding foreign trust (WT) application and account management system (QAAMS) to a new sign-in system that requires new users to register or sign in with “ID.me” (the current IRS credential service provider).
According to the IRS transmittal message:
- Existing users don’t need to take any action at this time.
- QAAMS users with an active IRS username may continue to sign in after the transition until further notice.
- In the future, existing users will be required to use the new sign-in system to access QAAMS.
- New users will be required to create an ID.me account prior to accessing QAAMS.
- The account creation process will include verifying an email address, creating a password, and setting up multi-factor authentication to secure their account.
- Users will need to consent for ID.me to share their email address with the IRS before accessing QAAMS.
KPMG observation
The ID.me verification process requires either (1) two primary identification documents, or (2) one primary and two secondary identification documents, which may present problems for foreign persons as non-U.S. document options are limited.
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.