Certain ITINs will expire December 31, 2020 and must be renewed if you will be filing a tax return in 2021. How do you know if yours will expire? It will fall into one of these categories:
- Your ITIN has not been used on a US tax return for tax years 2017, 2018 or 2019,
- Its middle digits are 88 (for example: 9xx-88-xxxx), or
- It was assigned before 2013 and has not already been renewed (middle digits are 90, 91, 92, 94, 95, 96, 97, 98, or 99)
IRS issued updated Frequently Asked Questions regarding ITIN expiration and renewal on Sept 20, 2020. The FAQs can be found on the IRS website here: https://www.irs.gov/individuals/itin-expiration-faqs
Please reach out to us if you would like to speak with one of our experts about ITINs and/or the renewal process.