You are aware of stolen identities used to set up new credit cards or empty your bank accounts, but did you know that this information is also being used to file fraudulent tax returns?
Identity theft often starts outside of the tax administration system when someone's personal information is stolen or lost. Identity thieves may then use a taxpayer's identity to fraudulently file a tax return and claim a refund. In other cases, the identity thief uses the taxpayer's personal information in order to get a job. The legitimate taxpayer may be unaware that anything has happened until they file their return later in the filing season and discover two returns have been filed using the same Social Security number.
Stopping identity theft and refund fraud is a top priority for the IRS. Cases of resolving identity can be complicated by the thieves themselves calling in. A typical case can take about 180 days to resolve, and the IRS is working to reduce that time period.
If your identity has been stolen or compromised, we can help you contact the IRS and file the required forms to help prevent fraudulent returns.