Do ITIN Numbers Expire?
Have you received a Letter 5821 from the IRS? Then yes your ITIN is about to expire.
As Certified Acceptance Agents (CAA) we can assist you in renewing your ITIN. We VISIT YOU whether that is at home, your office or a mutually beneficial location - get in touch today to arrange an appointment or discussion.
- Who needs to renew an ITIN?
You need to renew an ITIN if you will file a U.S. tax return listing the ITIN with a middle digit of 78 or 79 (for yourself, your spouse, or any dependent).
Your ITIN will expire as of January 1, 2017. If you don't renew the ITIN and file a U.S. tax return with the ITIN, there may be a delay in processing your tax return.
How to Renew an ITIN?
Individuals - apply on form W-7 ITIN Application - we can assist you with obtaining this number.
- Who does not need to renew an ITIN?
You do not need to renew if:
you will not be using the ITIN with a middle digit 78 or 79 on a U.S. tax return*.
The ITINs are only used on information returns filed with the IRS by third parties. However, in the future, if you use the ITIN to file a U.S. tax return (including for a dependent), you will need to renew the ITIN at that time.
The owner of the ITIN with the middle digits of 78 or 79 became a U.S. citizen or legal resident alien and has a social security number (SSN). You don't need to renew your ITIN; however, you do need to provide the SSN and previous ITIN to the IRS (Tel: 855-723-2060 ext 244 or if outside the U.S. +1-267-941-1000)
* a U.S. tax return for yourself, your spouse or any dependent
N.B Renewal applications commence beginning October 1, 2016.