What to Do If Your Tax Return Is Stolen
Dealing with a stolen tax return can be a stressful and overwhelming experience. Your personal and financial information has been compromised, and you may be worried about the potential consequences. Here’s a step-by-step guide on what to do if your tax return is stolen to help you navigate through this difficult situation.
1. Contact the IRS Immediately
The first thing you should do is contact the Internal Revenue Service (IRS). The IRS has a dedicated Identity Protection Specialized Unit that can assist you in resolving identity theft issues. You can report the theft by calling the IRS Identity Protection Specialized Unit at 1-800-908-4490. Be prepared to provide your Social Security number, tax return information, and any other relevant details.
2. File a Complaint with the FTC
Next, file a complaint with the Federal Trade Commission (FTC). The FTC maintains a database of identity theft complaints, which can help law enforcement agencies track down and stop identity thieves. You can file a complaint online at IdentityTheft.gov or by calling 1-877-438-4338.
3. Place a Fraud Alert on Your Credit Reports
Place a fraud alert on your credit reports to help prevent identity thieves from opening new accounts in your name. You can place a fraud alert with any one of the three major credit bureaus, and they will notify the other two. To place a fraud alert, contact:
– Equifax: 1-800-525-6285
– Experian: 1-888-397-3742
– TransUnion: 1-800-680-7289
4. Review Your Credit Reports
5. Update Your Passwords and Security Questions
Change your passwords and security questions for any accounts that may have been compromised. This includes your bank accounts, credit cards, and online services. Use strong, unique passwords for each account to make it harder for identity thieves to gain access.
6. Keep Records of All Communication
Keep a record of all communication with the IRS, FTC, credit bureaus, and any other relevant parties. This will help you track the progress of your case and provide evidence if needed.
7. Consider Identity Theft Protection Services
Identity theft protection services can help you monitor your credit and alert you to any suspicious activity. These services can also provide additional resources and support to help you recover from identity theft.
By following these steps, you can take action to protect yourself and mitigate the impact of tax return theft. Remember to stay vigilant and report any suspicious activity immediately.
