What is tax identity theft

Safeguard Your Credit, Identity and SSN. What is identity theft and how to report it? How to prevent tax fraud and identity theft?

Personal tax ID theft happens when someone has stolen your personal information in order to file a fraudulent return. This happens if someone uses your Social Security number for employment or they used the information from your W-to file income tax returns on your behalf and take your tax refund. Tax-related identity theft occurs when someone uses your stolen Social Security Number to file a tax return claiming a fraudulent refund.

Your taxes can be affected if your Social Security number is used to file a fraudulent return or to claim a refund or credit. Unlike some other forms of identity theft, it can be hard to take preventative measures to avoid tax identity theft. But there are some things you can do.

Here’s what you should know about tax identity theft. WHAT ARE THE SIGNS OF TAX IDENTITY THEFT? Basically, it’s identity theft plus tax fraud. A New Kind of Identity Theft.

In this scheme , identity thieves enter stolen personal information (primarily Social Security numbers) on fraudulent tax returns that claim tax refunds. Someone steals someone elses identity. There are types: 1. Before anyone else , look at his other posts. The IRS has significantly streamlined the identity theft processing program.

A couple of years ago, delays in excess of a year were not at all unheard of. I personally know of two that were resolved in about months this year when the. If someone uses your information to file a fraudulent tax return, he or she is looking to get your tax refund.

When it comes to tax -related identity theft, the Internal Revenue Service wants to resolve your case as quickly as possible. Report Specific Types of Identity Theft. You may also report specific types of identity theft to other federal agencies.

Medical Identity Theft - Contact Medicare’s fraud office, if you have Medicare. Identity theft is when someone uses your personal identifying data without your consent, usually for financial gain. Access IRS Tax Forms. Complete, Edit or Print Tax Forms Instantly. This is the most common type of tax identity theft.

You find out about it when you try to file a return, but the IRS rejects it because someone already filed a return using your information. If you file a paper return, the IRS will send you a notice telling you the same thing. Chances are, you’re the victim of tax identity theft. This fraud is particularly pernicious because the legitimate taxpayer may have no way of knowing that fraud has been committed. Thieves use this information to get medical services or send fake bills to your health insurer.

Tax identity thieves and IRS imposters are ready for tax season, whether you are or not. Identity theft can affect your tax records if someone else reports wages using your SSN or uses it to obtain a fraudulent tax refund. In some cases, the fraudsters use fake income and withholding numbers so they can get a bigger refund check sent to their address.