IRS Tax Update
An ITIN renewal application filed now will be processed before one submitted at the height of tax season from mid-January to February.
Currently, a complete and accurate renewal application can be processed in as little as seven weeks. But this time frame is expected to expand to as much as 11 weeks during tax season, which runs from mid-January through April.
Several common errors are currently slowing down or holding up ITIN renewal applications.
The mistakes generally center on missing information, and/or insufficient supporting documentation.
ITIN renewal applicants should be sure to use the latest version of Form W-7, revised September 2016.
The most current version of the form, along with its instructions, are posted on IRS.gov.
For further assistance with your ITIN, click here.
An ITIN renewal application filed now will be processed before one submitted at the height of tax season from mid-January to February.
Currently, a complete and accurate renewal application can be processed in as little as seven weeks. But this time frame is expected to expand to as much as 11 weeks during tax season, which runs from mid-January through April.
Several common errors are currently slowing down or holding up ITIN renewal applications.
The mistakes generally center on missing information, and/or insufficient supporting documentation.
ITIN renewal applicants should be sure to use the latest version of Form W-7, revised September 2016.
The most current version of the form, along with its instructions, are posted on IRS.gov.
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| EMCOL Tax & Insurance - Ft Worth, TX |
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