Laura Holleman
Updated 9:02 AM CST, Thu February 6, 2025
Published Under: General Identity Protection
Tax season can be stressful enough without the added worry of identity theft. Criminals often use stolen personal information to file fraudulent tax returns and claim refunds in your name. To safeguard your financial information and prevent tax-related identity theft, follow these essential tips:
1. Be Cautious When Providing Personal Information
Your Social Security number (SSN) is the key to your identity, and scammers will go to great lengths to steal it. Never provide personal information over the phone, mail, email, texts, or online unless you have initiated the contact and can verify the recipient. If you receive an unsolicited request for personal details, be skeptical and double-check the legitimacy before responding.
2. Know How the IRS Communicates
The IRS does not initiate contact with taxpayers via phone calls, emails, or text messages. If you receive a call or message claiming to be from the IRS, it is likely a scam. The IRS only uses the United States Postal Service for initial contact. If you are unsure about a letter’s authenticity, contact the IRS directly through their official website or phone number.
3. Get Your Personal Identification Number (PIN)
If you file your taxes electronically, you can enhance your security by obtaining an Identity Protection PIN (IP PIN) from the IRS. This PIN is a unique six-digit number that helps prevent fraudsters from filing a tax return using your Social Security number. Visit the official IRS website to acquire your PIN and protect your tax return.
4. Properly Retain and Dispose of Sensitive Documents
Tax documents contain sensitive information that identity thieves can exploit. Retain important tax records in a secure place, and when you no longer need them, dispose of them properly. Shred any documents containing account numbers, birth dates, Social Security numbers, or other private details to prevent unauthorized access.
Stay Vigilant and Protect Your Identity
Tax identity theft can have severe consequences, but by taking these precautions, you can significantly reduce the risk. Stay informed, be cautious when sharing personal information, and take proactive steps to protect your financial well-being. If you suspect tax-related identity theft, report it immediately to the IRS and the Federal Trade Commission (FTC).
By staying vigilant, you can ensure a safe and secure tax filing experience.
Comments