PTIN Renewal Notice

[ETax847]

I received this email today:

Congratulations! To thank you for repeatedly renewing your preparer tax identification number (PTIN) early, you have the opportunity to renew your PTIN before the season opens to other tax return preparers. The PTIN system is ready to accept your renewal from today through Oct. 15. Should you miss this opportunity, you can still renew your PTIN during renewal season beginning later in the week.

 

All PTINs expire on Dec. 31 and must be renewed annually. You must have a valid PTIN if you plan to prepare any federal tax returns for compensation or you are an enrolled agent.

 

The renewal fee is $35.95 and non-refundable. Get started at www.irs.gov/ptin.

I was not aware of the renewal fee this year.  Is anyone else planning on renewing their PTIN this early?

 

[Margaret CPA in OH]

I just did it to be done with it.

[Possi]

I did this today as well. 

Thieving you-know-whats. 

It's so sad that we have to pay to work for the IRfrikkinS for free. 

[ETax847]

I will do the same.  Thanks for the feedback.  

[Lion EA]

I didn't receive an invite to renew early and wouldn't do anything that reduces my sleep time until after 15 October! But, I usually get to it right after extensions to get it done and over with.

[Catherine]

I'll do it late this week, or next.  Yeah, I got the email too.  You probably did, Lion, and it never registered because it wasn't germane to your current workload.

[Abby Normal]

I do it in December every year. It's a repeating task on my calendar. When there was no fee, I did it in January once or twice.

[Crank]

i don't believe that there was a fee for the last 2-3 years.  For few years prior to that i think it was $50.   They must have reinstituted it to make up for all the stimulus costs  sheesh!

[Lee B]

19 minutes ago, Crank said:

i don't believe that there was a fee for the last 2-3 years.  For few years prior to that i think it was $50.   They must have reinstituted it to make up for all the stimulus costs  sheesh!

Remember, this was the  result of the lawsuit saying that the fee constituted a tax not authorized by Congress. The U S District Court agreed and as a result the fee

was zero while the ruling was appealed up to the U S Court of Appeals which said the IRS could only charge a fee to recoup the cost of administering the PTIN

Program and sent the case back down to the U S District Court to decide the amount of the fee allowed. The current fee is the result of all of the legal wrangling.

[Crank]

Thanks for the info!  i have no recollection of that case at all.  

[Abby Normal]

We were supposed to get refunds of the excess fees. But if you believe that, I have some magic beans I'd like to sell you.

[Catherine]

4 hours ago, cbslee said:

The current fee is the result of all of the legal wrangling.

Your government at play.  LOL.  (NOT political!  - Bureaucratic.)

[Abby Normal]

In the end, I guess it evened out. We paid too much for awhile, then we paid nothing for awhile, so that's cool.

If congress hadn't cut the IRS's funding so much, the IRS wouldn't need to look to us for additional funding.

[Lion EA]

We paid nothing for a long time until we paid a lot. Plus, didn't the EA renewal fee go down to balance out the PTIN fee going up? We're so lucky to pay the government to help tax payers comply with the government (sarcasm emoji).