The Internal Revenue Service has acknowledged that it has paid out $5.8 billion in fraudulently filed income tax returns? January 25-29 is Tax Identity Theft Awareness Week.

Tax-related identity theft occurs when someone uses your stolen Social Security number (SSN) to file a tax return claiming a fraudulent refund. You may be unaware that this has happened until you e-file your return and discover that a return already has been filed using your SSN. Or, the IRS may send you a letter saying it has identified a suspicious return using your SSN.

See this document from the IRS for more information: https://www.irs.gov/pub/irs-pdf/p5027.pdf

Be safe out there!

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