PTIN Renewal Is Underway

 – October 19, 2020
PTIN Renewal Is Underway

The IRS has announced that Preparer Tax Identification Number (PTIN) renewal for 2021 is underway. 

Anyone who prepares or helps prepare a federal tax return for compensation must have a valid PTIN from the IRS before preparing returns, and they need to include the PTIN as the identifying number on any return filed with the IRS.

Tax preparers must pay a fee of $35.95 to renew or obtain a PTIN for 2021. The PTIN fee is non-refundable.

Tax preparers with a 2020 PTIN should use the online renewal process, which takes about 15 minutes to complete. Form W-12, along with the instructions, provides a paper option for PTIN applications and renewals. However, the paper form can take four to six weeks to process. Failure to have and use a valid PTIN may result in penalties.

To renew a PTIN online:

  • Start at IRS.gov/tax-professionals.
  • Select the “Renew or Register” button.
  • Enter the user ID and password to login to the online PTIN account.
  • Follow the prompts to verify information and answer a few questions.

Once completed, users will receive confirmation of their PTIN renewal.

The online system not only allows PTIN renewal, but can also be used by tax preparers to view  a summary of the number of filed returns their PTIN has appeared on in the current year, and to receive communications through a secure mailbox from the IRS Return Preparer Office.

To apply for a PTIN online:

First time PTIN applicants can also apply for a PTIN online.
  • Start at IRS.gov/tax-professionals.
  • Select the “Renew or Register” button and select “Create Account” in the New User box.
  • First time users are issued a temporary password and will be prompted to change their password upon logging in.
  • Select the appropriate “PTIN Sign Up” option once logged in.
  • Follow the prompts to obtain the PTIN online.