ITIN Renewal Process - follow these steps
Due to recent changes in tax law, some individuals who have an Individual Taxpayer Identification Number or ITIN, will be required to renew their ITIN for the first time.
Do I need to renew my ITIN?
You will need to renew your ITIN if one of the following applies to you (no action is needed by ITIN holders if they do not need to file a tax return in 2017.):
If the middle digits of your ITIN are 78 or 79, they will expire at the end of this year: The IRS will mail a Letter 5821 to you if you are affected by this change. The letter will explain how to renew your ITIN. A rolling schedule is in place and in the coming years, the IRS is expected to announce other groups of taxpayers who will be affected.
If your ITIN hasn’t been used at least ONCE on a tax return in the last three years, it will expire on December 31, 2016. This means that if you did not use your ITIN on a return at least once for tax years 2013, 2014, or 2015, your ITIN will expire at the end of 2016.
In addition, dependents without a date of U.S. entry on their passports from countries other than Mexico or Canada will need to prove residency before an ITIN can be issued.
To make this renewal process easier, the IRS is offering a family option for ITIN renewal. If your ITIN has the middle digits of 78 or 79 and you receive a renewal letter from the IRS, you can choose to renew your family at the same time. Family members include: the tax filer, spouse and dependents.
Renewal Rolling Schedule:
ITINs issued before 2008 will remain in effect until January 1, 2017
ITINs issued in 2008 will remain in effect until January 1, 2018
ITINs issued in 2009 or 2010 will remain in effect until January 1, 2019
ITINs issued in 2011 or 2012 will remain in effect until January 1, 2020
How do I renew my ITIN?
The process is fairly simple - you need to complete a Form W-7 Application for IRS Individual Taxpayer Identification Number. No tax return is required for a renewal application.
The application including all required original documents (e.g., passport) must be mailed to Internal Revenue Service, ITIN Operation, P.O. Box 149342, Austin, TX 78714-9342.
The anticipated time that the IRS will take to renew or issue an ITIN outside of peak processing times (between January and April) has generally been about six weeks. However, due to the renewal process, the IRS have said that as they would be sending 400,000 letters to ITIN holders with expiring ITNs, there could be a much longer waiting period (9 to 11 weeks if you live outside the U.S.).
Any original documents or certified copies submitted in support of an ITIN application are supposed to be returned within 60 days. Taxpayers who do not receive their original and certified documents within 60 days of mailing them to the IRS may call 1-800-908-9982 to check on their documents.
CERTIFIED ACCEPTANCE AGENTS
In lieu of sending original documentation, taxpayers may be eligible to use an IRS authorized Certified Acceptance Agent (CAA).
A Certified Acceptance Agent (CAA) can assist you in obtaining the correct TIN.
Just Breve are part of the ITIN Acceptance Agent Program. As a Certifying Acceptance Agent (CAA), we are authorised by the Internal Revenue Service (IRS) to assist alien individuals and other foreign persons with obtaining ITINs from the IRS by validating the person’s foreign status and identity.
We are based near London Heathrow and can assist individuals to obtain their ITIN number at their convenience. Are you flying in or out of Heathrow on business? We can meet you to verify all documentation near the Heathrow area or at a location that suits you.
We cover London and the surrounding areas, Heathrow and anywhere in the UK. Travel costs apply in certain cases outside of London.
I think I need an ITIN: Please visit here
Don't live in the U.K? No problem, we can assist by phone, email and Skype. Please feel free to get in touch.