It’s that time again when many of you have to make some time out of your busy schedule and renew your Individual Taxpayer Identification Number – ITIN. While this may be a little tedious to deal with, please think of it as an essential tool to help you keep up with your obligation to file your taxes.
Now to the meat and bones of this post. These are the ITINS that will expire soon and will need to be renewed:
>> Numbers with middle digits 88
and
>> Those with middle digits 90, 91, 92, 94, 95, 96, 97, 98 or 99, if assigned before 2013 and if not already renewed.
As things continue to move back to normal, you will receive a letter from the IRS to notify you of the importance of renewing your ITIN.
Again make some time to visit and get this done ASAP because the ITINs listed above expire on December 31, 2020. Submit your ITIN W-7 form as soon as possible.
You can find the Form W-7 on the IRS official website. Here is the link directly to that form:
https://www.irs.gov/forms-pubs/about-form-w-7
There are three ways to submit your ITIN Renewal application package:
1. by mail,
2. work with a Certified Acceptance Agent,
3. or call and make an appointment at a designated IRS Taxpayer Assistance Center.
You may choose any of these options.
Remember, waiting until the last second to submit this form will delay your tax refund check next year. Please, please keep in mind, things are not back in full swing yet, and the processing times may extend beyond the 7 weeks. Once the IRS gets to its peak season of ITIN applications, a single application can take overwhelmingly longer than expected.
Take action, schedule an appointment by calling 718-280-1145, and submit your application package and avoid surprises.
As always, I hope this information is helpful to you and look forward to continue serving you.
Cheers, Jonie.