Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

1,407
Posts
752
Votes
Lance Lvovsky
Pro Member
  • Accountant
  • Fort Lauderdale, FL
752
Votes |
1,407
Posts

Check if your ITIN is expiring!

Lance Lvovsky
Pro Member
  • Accountant
  • Fort Lauderdale, FL
Posted Nov 12 2018, 06:17

Just a heads up to those of you who have ITINs with middle digits of 73, 74, 75, 76, 77, 81, or 82. Your ITIN may be expiring and you should begin the renewal process now if you will have a filing requirement next year, for tax year ending December 31, 2018.

The IRS is encouraging individuals with expiring Individual Taxpayer Identification Numbers (ITINs) to start the renewal process before year-end to avoid delays at tax time. ITINs are issued by the IRS to individuals with a federal tax filing or reporting requirement who don't have and aren't eligible for a Social Security number (e.g., foreign nationals and resident/nonresident aliens).:

Taxpayers can renew their ITIN by working with their CPA in completing Form W-7 and submitting all required documentation. Alternatively, you can work with a CPA who is also a Certified Acceptance Agent (CAA) and this saves you from having to mail original documents to the IRS.