Year-End Tax Tip: All Non-US Tax Filiers

All Non Resident Tax Filers Require ITINs

Renew Your Individual Taxpayer Identification Number

Now’s the time to act if you have an Individual Taxpayer Identification Number (ITIN) that expires in 2019–you need to renew your ITIN as soon as possible! Nearly 2 million taxpayers have ITINs expiring this year, so the IRS expects processing delays for people who wait. But you can get your ITIN renewed more quickly and avoid refund delays in 2020 by submitting your renewal application before the end of the year.

Any ITIN with middle digits 83, 84, 85, 86 or 87 expires in 2019, as does any ITIN not used on a tax return in the past three years. You can also renew ITINs with middle digits 70 through 82 that expired in 2016, 2017 or 2018.

To renew an ITIN, it is a simple as submit a form to the IRS.  It is necessary to include all required ID and residency documents, though. The IRS won’t process your renewal application until it receives these documents.

Do other members of your family have ITINs, too? If so, the IRS will accept W-7 forms from everyone in the family if at least one family member listed on a tax return has an ITIN expiring at the end of this year. So, in this case, the whole family can apply at the same time.

After submission of a Form W-7, allow seven weeks for the IRS to notify you of your ITIN application status. You’ll have to wait nine to 11 weeks if you mail the form in 2020.

For more information, contact Grant Thornton to discuss your US tax matters…but don’t wait too long!

About the Author
Ariel Katz CPA is an expert in United States taxation and accounting for individual, corporate, and non-profit companies, and advises many companies in the area of tax structuring and planning. Mr. Katz is highly involved in academic teaching and professional training. He conducts various activities, including: Senior lecturer in the accounting department in the field of corporate taxation and partnership taxation at the College of Management Academic College. His hobbies include learning Torah, chess, bicycle riding, and running.
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