IRS
IRS Opens PTIN Renewal Season for 2024
The fee to renew or obtain a PTIN for 2024 is $19.75, down from $30.75 in 2023. Failure to have a valid PTIN may result in penalties.
Oct. 24, 2023
On your mark, get set, go! The 2024 preparer tax identification number (PTIN) renewal period for the nation’s nearly 800,000 active federal tax return preparers is now underway. All current PTINs expire on Dec. 31, 2023.
Anyone paid to prepare or help prepare any federal return or claim for refund must have a valid PTIN from the IRS, which they must use as the identifying number on any returns prepared. Failure to have and use a valid PTIN may result in penalties.
The fee to renew or obtain a PTIN for 2024 is $19.75, down from $30.75 in 2023. The fee is set at $11 per application or renewal, plus an $8.75 fee payable to a third-party contractor. The PTIN fee is non-refundable.
Paid tax return preparers with a PTIN expiring on Dec. 31 should use the online renewal process, which takes about 15 minutes to complete, according to the IRS. First-time PTIN applicants can also apply for a PTIN online.
A paper option, Form W-12, IRS Paid Preparer Tax Identification Number (PTIN) Application and Renewal, along with the instructions, are also available for PTIN applications and renewals. However, the paper form can take approximately four to six weeks to process, the IRS said.
Enrolled agents, regardless of whether they prepare tax returns, must renew their PTIN annually to maintain their active status.