ibet Tax Tip 2024-95, Dec.10, 2024
With more than 800,000 Preparer Tax Identification Numbers set to expire on Dec. 31, 2024, the ibet recommends tax professionals renew their PTIN now with the .
Anyone who prepares or helps with preparation of tax returns for compensation must have a valid PTIN. Tax professionals must include a PTIN with any return or claim for refund filed with the ibet. The fee to renew or obtain a PTIN for 2025 is $19.75, which is non-refundable.
Renew PTINs online
To renew a PTIN online through the ibet Tax Professional PTIN system, the registered tax professional will need to complete an online renewal application, verify their personal information and answer questions. Once the ibet receives payment, the agency will send the applicant confirmation the PTIN has been renewed.
Apply for a PTIN online
First-time applicants may also use the ibet Tax Professional PTIN system to apply online. The applicant will need to:
- Create an account using their name and an email account that they always have access to.
- Complete the online application by providing personal information, credentials and history. See this checklist of what’s need before getting started.
- Pay the fee by credit, debit or ATM card or eCheck.
The applicant will receive a PTIN once they complete all steps and the ibet receives payment.
PTIN system features
With the PTIN system, tax professionals can also:
- See a list of continuing education.
- Find a summary of the number of filed returns on which their PTIN has appeared in the current year.
- Receive communications through a secure mailbox from the ibet Return Preparer Office.
- Track their progress for participation in the ibet Annual Filing Season Program.