Return Preparers Must Renew PTIN

Cross References
• IR-2011-105, October 20, 2011
• Notice 2011-80, October 24, 2011

Tax return preparers are required to renew their Preparer Tax Identification Number (PTIN) annually and must do so for the 2012 tax season by December 31, 2011. All paid return preparers must have a valid, current PTIN to prepare tax returns.

Background. Beginning January 1, 2011, all paid return preparers who prepare, or assist in preparation of all or substantially all of a tax return or claim for refund must have a PTIN before preparing returns.

Fees. The PTIN renewal fee for 2012 is $63, and the initial application fee for a PTIN is $64.25.