ITINs have an expiration date to ensure continued tax compliance and accuracy. An ITIN will expire if:
- It has not been used on a federal tax return for at least three consecutive years.
- It was issued before 2013 with middle digits between 70 and 87.
An expired ITIN must be renewed to maintain tax filing privileges. The renewal process involves completing IRS Form W-7 and submitting it along with required identification documents. It's crucial to start the renewal process well in advance of the expiration date to avoid processing delays.
Key points to remember:
- ITIN expiration can impact your ability to file tax returns.
- The renewal process requires specific documentation.
- Timely renewal is crucial to avoid potential tax-related issues.
