Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Preparer Taxpayer Identification Number (PTIN)

Read a random definition: John Doe summons

A quick definition of Preparer Taxpayer Identification Number (PTIN):

Preparer Taxpayer Identification Number (PTIN): A special number given by the Internal Revenue Service (IRS) to people who help others prepare and file their taxes for money. It's an eight-digit number that starts with the letter P. To get a PTIN, you need to give the IRS your personal information, business information, and previous year's tax return. You also need to pay a fee. The PTIN expires every year on December 31st, so you need to renew it every year.

A more thorough explanation:

A Preparer Taxpayer Identification Number (PTIN) is a unique eight-digit number issued by the Internal Revenue Services (IRS) for enrolled agents and any person who prepares or assists in preparing federal tax returns for compensation. In simpler terms, if you get paid to help someone with their taxes, you need a PTIN.

To get a PTIN, you can apply online or by filling out Form W-12 and sending it to the IRS. You'll need to provide personal information like your name, address, and Social Security number, as well as information about your business and any professional certifications you have. You'll also need to pay a fee.

The PTIN expires on December 31 of each year, so you'll need to renew it annually. You can do this online using your PTIN account.

Let's say you're a tax preparer who helps people file their tax returns. You charge a fee for your services. In order to do this legally, you need to have a PTIN. You apply for one online and provide all the necessary information. Once you have your PTIN, you can continue to help people with their taxes and get paid for it.

Prepaid legal services | prepayment penalty

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
LSD+ is ad-free, with DMs, discounts, case briefs & more.