An ITIN is a tax identification number issued by the Internal Revenue Service (IRS). Some ITINs expire in 2020, so it’s important to check if yours is among them and, if so, make sure to renew it to avoid refund delays.
What Does ITIN Stand For?
The acronym ITIN stands for Individual Taxpayer Identification Number. This is a 9-digit number that the Internal Revenue Service (IRS) assigns to those taxpayers who don’t qualify for a Social Security Number (SSN) but need an identification number for tax purposes.
ITINs That Expire in 2020
The following ITINs expire on December 31, 2020. They must be renewed to avoid delays in your tax refund next year:
- ITINs with middle digits 88
- Those with middle digits 90, 91, 92, 94, 95, 96, 97, 98, or 99, if assigned before 2013 and if not already renewed
Additionally, all ITINs not used on a tax return at least once during the last three years will also expire on the last day of 2020.
How to Renew Your ITIN
To renew your ITIN, fill out Form W-7 and submit all required documentation. When you submit the form you are not required to attach a tax return, but you must indicate the reason why you need an ITIN.
The IRS is sending notices to people whose ITIN expires this year. The notices include instructions about how to renew the ITIN. If your ITIN expired already and you expect to file a tax return in 2021, you can renew your ITIN any time.
If you receive a renewal letter, you have the option of renewing ITINs for your entire family at the same time. This includes the tax filer, spouse, and any dependents claimed on the tax return.
Learn More About Taxes
These are some previous posts with useful tips to help you navigate with confidence the world of taxes:
- These are your options if you didn’t file your taxes on time
- Do you know what is your tax filing status?
- 4 Tax-related scams to avoid
- Expecting a tax refund? Here’s everything you need to know
- Remember this important thing when you get your Economic Impact Payment
- The 4 most common questions about Economic Impact Payments
Contact the Tax Experts at Delgado’s Insurance
If you are looking for assistance with your Income Tax in Bloomington or Riverside, at Delgado’s Insurance our mission is helping you make sense of your options to reduce your liability and maximize your deductions while staying compliant with all relevant laws and regulations.
We have locations in Riverside, California, and Bloomington, California. Contact us today by telephone (951-361-0084, 909-421-9003), email (firstname.lastname@example.org), or through our social media accounts (Facebook, Twitter) to get a free quote and learn more about our wide array of services.