2 million ITINs will expire by the end of 2019. To avoid your refund delays, renew your ITIN quickly.
The IRS made a recent announcement that that US taxpayers with expiring Individual Taxpayer Identification Numbers (ITINs) can get their ITINs renewed more quickly and avoid refund delays next year by submitting their renewal application the sooner the better.
An ITIN is a tax ID number used by taxpayers who don’t qualify for a Social Security number. In addition to expiring ITINs, it’s important to add that any ITIN not used on a tax return in the past three years will also expire.
To avoid this expiration, and not delay on receiving your refund, you should file a complete renewal application, Form W-7, Application for IRS Individual Taxpayer Identification Number, as soon as possible – and be sure to include all required ID and residency documents. If you get your application in now, this will help avoid the rush, refund, and processing delays in 2020.
Do you have questions about your ITIN? Are you not sure if you should be renewing your ITIN, or if you have all the information you need? Speak with one of our trained staff to personally help you with filing your ITIN application quickly and efficiently. Our staff of tax and law professionals are here for any tax and filing questions you need. Call us today and let us help you make sure all your filings are in place and on time.
Click here to read more about how to Avoid common filing errors now to prevent delays next year.
