Are you familiar with tax identity theft? Do you know what warning signs to look out for and what to do if you fall victim to it?
Fortunately, this week is Tax Identity Theft Awareness Week!
The Federal Trade Commission (FTC), in partnership with various other partners, is hosting a series of webinars and Twitter chats.
So, how does tax identity theft happen?
Tax identity theft occurs when someone steals your Social Security Number (SSN) and files a tax return in an effort to claim a fraudulent refund. In many cases, you won't know this happened until you electronically file your tax return and find that one has already been submitted with your SSN. The Internal Revenue Service (IRS) may also send you a letter if they've identified a suspicious return filed with your SSN.
For more information and other resources, visit the FTC's page on Tax-Related Identity Theft.