In recognition of Tax Identity Theft Awareness Week, Jan. 30-Feb. 3, the Nebraska Bankers Association is urging all Nebraskans to take extra precaution when filing their tax return to prevent their exposure to tax fraud.
Fraudsters are using very clever tactics to get a hold of your personal information and submit false tax claims. Consumers must be suspicious of any communication from the IRS ¾ through email or text, or social media ¾ that requests personal information, and should keep a watchful eye out for missing W-2s and mail containing sensitive financial information.
Tax identity fraud takes place when a criminal files a false tax return using a stolen Social Security number in order to fraudulently claim the refund. Identity thieves generally file false claims early in the year; victims are unaware until they file a return and learn one has already been filed in their name.
To help Nebraskans prevent tax ID fraud, the Nebraska Bankers Association (NBA) is offering the following tips:
If you believe you’re a victim of tax identity theft or if the IRS denies your tax return because one has previously been filed under your name, alert the IRS Identity Protection Specialized Unit at 1-800-908-4490. In addition, you should:
More information about tax identity theft is available from the Federal Trade Commission at ftc.gov/taxidtheft and the IRS at irs.gov/identitytheft.
Richard Baier, a proud husband, father of two, and the president/CEO of the Nebraska Bankers Association (NBA). Avid about growing the Cornhusker State's banking industry.