How to avoid identity theft during tax season

(NewsNation) — Nearly two-thirds of people worry scammers will steal their personal information to file a fraudulent tax return, according to an Allstate Insurance survey.
Tax identity theft occurs when someone files a fraudulent tax return in someone else's name using their social security information to pocket the money on the return.
Tax refund theft takes, on average, 22 months to resolve, but here are some tips to avoid becoming a victim.
Financial experts recommend filing your return as soon as possible to narrow the window of time a fraudster has to file a return in someone else's name. April 15 is the deadline to file a tax return for income made in 2024.
The Internal Revenue Service recommends obtaining an identity protection PIN, or IP PIN, which is a six-digit number issued by the IRS to attach to your tax return. Victims of tax-related fraud must provide this number on each subsequent tax return, but taxpayers can also request a number proactively for an extra layer of security.
You can request an IP PIN on the IRS website, and you will receive a notice in the mail with a new one each year.
The internet can be a scammer's best friend, but it doesn't have to be. Healthy internet habits can help prevent fraud. Maintain online accounts with strong passwords that you can remember but aren't easy to hack. Protect your computer against viruses with anti-virus software, and avoid clicking suspicious links.
-
Tax season is a prime time for scams. Here's how to protect yourself
As Americans file their taxes, scammers are increasing their efforts to steal personal information. Take these steps to protect yourself.CNBC - 11h -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - Mar. 11 -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - Mar. 8 -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11 -
Here's how to get your tax refund quickly and invest it
According to the IRS, 61.4 million tax returns have been received and more than 60.7 have been processed. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how to get your ...CBS News - Mar. 18 -
Threshold for filing ‘side hustle’ tax return to rise to £3,000 in UK
Cash earnings to increase from current level of £1,000 in boost to people who sell goods onlineFinancial Times - Mar. 11 -
The Size of the Tax Cut
We explain how Republicans are approaching taxes.The New York Times - 4d -
These tax errors could delay your refund
We're less than a month out from tax day and if you still haven't filed there are some common mistakes you should try to avoid to make sure you get your refund in a timely fashion. Medora Lee, ...CBS News - Mar. 18 -
How the rich use insurance to invest in private credit without steep tax bills
Private credit has exploded in popularity among investors, with the market soaring from $1 trillion in 2020 to $1.5 trillion at the beginning of 2024, according to alternative data provider Preqin.NBC News - 5h
More from The Hill
-
Signal gets closer look amid uproar over Trump officials' group chat
{beacon} Technology Technology The Big Story Signal thrown into spotlight amid group chat breach Top Trump national security officials' use of messaging app Signal is raising new questions ...The Hill - 55m -
Supreme Court weighs which courts can hear Clean Air Act disputes
The Supreme Court appears poised to keep at least some Clean Air Act disputes in federal courts outside of DC — preventing what at least one justice described as “home court advantage” for the ...The Hill - 1h -
Meeting with House panel, OPM officials cut short after clash between top lawmakers
A closed-door meeting between members of a House subcommittee and officials from the Office of Personnel Management (OPM) was cut short on Tuesday after the top two lawmakers on the panel clashed ...The Hill - 1h -
Social Security chief: DOGE access to systems revoked after court order
Leland Dudek, acting commissioner for the Social Security Administration (SSA), said as of Monday the Department of Government Efficiency (DOGE) no longer has access to the agency’s systems in an ...The Hill - 1h -
White House digs in as furor grows over war plans chat
Presented by National Council on Aging — Plus: Putin gifts Trump portrait {beacon} White House digs in as furor grows over breach PRESIDENT TRUMP IS SIGNALING the White House will stand by its ...The Hill - 1h
More in Politics
-
Signal gets closer look amid uproar over Trump officials' group chat
{beacon} Technology Technology The Big Story Signal thrown into spotlight amid group chat breach Top Trump national security officials' use of messaging app Signal is raising new questions ...The Hill - 55m -
Supreme Court weighs which courts can hear Clean Air Act disputes
The Supreme Court appears poised to keep at least some Clean Air Act disputes in federal courts outside of DC — preventing what at least one justice described as “home court advantage” for the ...The Hill - 1h -
Hakeem Jeffries called for Pete Hegseth to be fired over Signal chat disclosure
Politico - 1h -
Hakeem Jeffries called for Pete Hegseth to be fired over Signal chat disclosure
Politico - 1h -
Meeting with House panel, OPM officials cut short after clash between top lawmakers
A closed-door meeting between members of a House subcommittee and officials from the Office of Personnel Management (OPM) was cut short on Tuesday after the top two lawmakers on the panel clashed ...The Hill - 1h