How do I protect myself from tax-related identity theft? What steps should I take during tax season?
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How do I protect myself from tax-related identity theft? What steps should I take during tax season?
Tax-related identity theft is a serious concern, and there are several steps you can take to protect yourself:
1. Secure Personal Information: Keep your Social Security number and other sensitive data secure. Be cautious about sharing this information, especially online or over the phone.
2. File Early: File your tax return as early as possible to prevent fraudsters from filing a false return using your information.
3. Use a Secure Internet Connection: When filing taxes online, ensure you are using a secure internet connection to protect your data from being intercepted by hackers.
4. Monitor Your Credit: Regularly monitor your credit report for any suspicious activity or accounts you didn’t open.
5. Beware of Scams: Be cautious of emails, calls, or messages claiming to be from the IRS asking for personal information. The IRS typically communicates via traditional mail.
During tax season, be vigilant about any unusual activity related to your taxes, such as unexpected notifications or delays in receiving your refund. If you suspect you are a victim of tax-related identity theft, contact the IRS immediately and consider placing a fraud alert on your credit reports.