FYI: Tax Refund Scam

FYI: Tax Refund Scam  - JPG

According to the Treasury Inspector General for Tax Administration, the Internal Revenue Service (IRS) could issue as much as $21 billion in potentially fraudulent refunds over the next five years. Identity theft will account for many of these refunds.

With this type of scam, the thief steals a taxpayer’s Social Security number and files a return under it to get a refund. You may be the victim of a tax refund scam if:

  • The IRS tells you that you’ve already filed your tax return, or you end up filing more than one return.
  • You have a balance due or have had collection action taken against you for a year in which you didn’t file a tax return.
  • IRS records indicate that you received more wages than you actually earned.
  • State or federal benefit payments have been reduced or canceled because the paying agency received notice of an income change.

If you believe you are the victim of a tax refund scam, call the IRS Identity Protection Specialized Unit at 800-908-4490.

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