What’s Worse Than Taxes? Identity Theft.
Posted On: January 29, 2018
Right in time for the beginning of Tax Season, the week of January 29 – February 2 is Tax Identity Theft Awareness Week. Wondering what this means for you? We’ve got answers.
What is Tax Identity Theft?
Tax identity theft is when someone uses your Social Security number to get a tax refund or a job. It’s incredibly lame to deal with.
How Could I Tell if it’s Happening to Me?
The best hints you have come from the IRS: they’ll either send a letter saying that more than one tax return was filed in your name (with your Social Security Number), or that their records show you have wages from an employer that’s not your employer. Owing additional tax can also be a dead giveaway.
How Do I Take Back My Identity?
There are a great many actions you can take to claim your name back on Tax Returns, but perhaps the most important would be file a complaint with the FTC at identitytheft.gov. You should also respond immediately to any IRS notice. Beyond that, it would also be wise to place a ‘fraud alert’ on your credit records, as well as double checking with your financial institutions that everything is how you left it last.
But What About the Awareness Week Itself?
We’re glad you asked: the various government agencies have come together to offer a week of unrivaled information. You can check out what the day-to-day offerings are here, and plan your week out to learn the most.