In a crucial announcement, the IRS has opened the renewal process for Preparer Tax Identification Numbers (PTINs) for the 2026 tax season. Over 800,000 tax preparers in the United States are required to renew their PTINs annually to legally prepare federal tax returns for compensation.
Understanding the PTIN Renewal Process
The IRS mandates all paid tax preparers to maintain a valid PTIN. This unique number must be included on all federal tax returns and claims submitted to the agency. The renewal window for PTINs is now active, allowing tax professionals to complete their renewals online at IRS.gov/taxpros.
Key Details for Tax Preparers
- Renewal Deadline: PTINs for the 2025 tax year will expire on December 31, 2025.
- Renewal Fee: The cost for renewing a PTIN for the 2026 tax season is $18.75, which is non-refundable.
- Renewal Duration: The online renewal process typically takes less than 15 minutes.
Alternative Renewal Options
For those who prefer to renew by mail, tax preparers can utilize Form W-12. However, the IRS cautions that processing via mail may take up to six weeks, potentially delaying the ability to file returns.
New Security Procedures
As part of the renewal process for 2026, the IRS is implementing enhanced security measures. Tax professionals will need to use ID.me, a secure third-party identity verification service, to log in if they have a Social Security number. Those without a Social Security number will continue using the existing login method.
Consequences of Non-Renewal
The IRS emphasizes that failure to renew PTINs by the December 31 deadline may prevent tax preparers from filing federal tax returns for compensation. Non-compliance could also lead to various penalties under Internal Revenue Code section 6695, including disciplinary action.
Start the Renewal Process Early
The IRS encourages tax professionals to initiate their PTIN renewal well ahead of the deadline. Early action is advised to avoid any potential technical issues related to the new authentication requirements.
In summary, maintaining a valid PTIN is essential for all tax preparers. Timely renewal not only ensures compliance but also allows for uninterrupted service in assisting clients with their tax obligations.
