Millions of ITIN’s set to expire in 2019;
Renew early to prevent refund delays
Nearly 2 million Individual Taxpayer Identification Numbers (ITINs) are set to expire at the end of 2019. The IRS continues to urge affected taxpayers to submit their renewal applications early to avoid refund delays next year.
Renewing before the end of the year will avoid unnecessary delays related to their refunds. ITINs that have not been used on a federal tax return at least once in the last three years will expire on December 31, 2019. In addition, ITINs with middle digits 83, 84, 85, 86 or 87 that have not already been renewed will also expire at the end of the year. These affected taxpayers who expect to file a tax return in 2020 must submit a renewal application as soon as possible.
Family Option Remains Available
Taxpayers with an ITIN that has middle digits 83, 84, 85, 86 or 87, as well as all previously expired ITINs, have the option to renew ITINs for their entire family at the same time. Those who have received renewal letters from the IRS can choose to renew the family’s ITINs together, even if family members have an ITIN with middle digits that have not been identified for expiration. Family members include the tax filer, spouse, and any dependents claimed on the tax return.
Prevent Delays Next Year
Federal tax returns that are submitted in 2020 with an expired ITIN will be processed. HOWEVER, tax credits, any exemptions will be disallowed. Taxpayers will receive a notice in the mail advising them of the change to their tax return and their need to renew their ITIN. Once he ITIN is renewed, credit and exemptions will be restored and any refunds will be issued.