The IRS has made changes to the Individual Taxpayer Identification Number (ITIN) program as a result of the Protecting Americans from Tax Hikes (PATH) Act. It has further reminded by sending notices for ITIN renewal before 31st December 2018. As you know ITIN is not only used for tax purpose but also for identification by many organizations -like banks, insurance companies or schools.Further , ITIN is assigned to a taxpayer who is not eligible to obtain a Social Security Number (SSN). So , it is important that you renew yours and your family member’s ITIN.
Here is the newly announced standard deduction for tax year 2019 and 2018 table