Have you filed your tax returns yet? What happens if more than one tax return was filed for you? Do you owe additional tax? These are just a couple of warning signs that could indicate you have been a victim of tax-related identity theft. Canandaigua National Bank & Trust wants you to take an active role in preventing tax-related identity theft.
Tax related identity theft is when someone uses your stolen Social Security Number (SSN) to file a tax return claiming a fraudulent refund. If you become a victim take action immediately and complete the following steps:
- File a complaint with the FTC at identitytheft.gov
- Contact one of the three major credit bureaus to place a ‘fraud alert’ on your credit records:
- www.Equifax.com 1-888-766-0008
- www.Experian.com 1-888-397-3742
- www.TransUnion.com 1-800-680-7289
- Close any financial or credit accounts opened by the identity thieves
- If your SSN is compromised and you know or suspect you are a victim of tax-related identity theft, the IRS recommends these additional steps:
- Respond immediately to any IRS notice; call the number provided.
- Complete IRS Form 14039, Identity Theft Affidavit, if your e-file return rejects because of a duplicate filing under your SSN or you are instructed to do so. Use a fillable form at IRS.gov, print, then attach form to your paper return and mail according to instructions.
- Continue to pay your taxes and file your tax return, even if you must do so by paper.
- If you previously contacted the IRS and did not have a resolution, contact them again for specialized assistance at 1-800-908-4490.
- Always use security software with firewall and anti-virus protections.
- Use Strong Passphrases you can easily commit to memory.
- Learn to recognize and avoid phishing emails, threatening calls and texts from thieves posing as legitimate organizations such as your bank, credit card companies and even the IRS.
- Do not click on links or download attachments from unknown or suspicious emails.
- Protect your personal data. Don’t routinely carry your Social Security card, and make sure your tax records are secure.
To contact one of our branches click here.
Source: IRS