Prevent Tax Identity Theft
What Steps Can You Take To Prevent Tax Identity Theft?
1. Get an Identity Protection PIN (IP PIN) from the IRS.
What's an IP PIN? An IP PIN is a six-digit number assigned to eligible taxpayers that helps prevent the misuse of your Social Security number on fraudulent federal income tax returns. You can’t use the IP PIN as your e-file signature PIN. You can learn more about an IP PIN from the IRS.
2. Check your mail and credit union account statements every month.
If you discover an account you did not open, balance discrepancy, or a purchase you did not make, contact the financial institution or creditor immediately to report the activity.
3. Monitor your credit reports on a regular basis.
Do you really know what’s on your credit report? Why it matters? Or, how to obtain your three free credit reports annually? You can find answers to these questions and more about credit reports and credit scores in NCUA’s Credit Reports and Credit Scores learning center.
4. Talk to your credit union about the identity theft resources they may offer.
Please see FECU’s Other Resources page for more information.
5. Visit MyCreditUnion.gov
MyCreditUnion.gov and Pocket Cents, NCUA’s financial literacy microsite, offer a wide range of informational articles on finance, fraud prevention, as well as multiple financial tools and resources. Keep up to date with current hot topics on fraud prevention, savings, and debt reduction.
Dealing With Tax-Related Identity Theft
If you think someone used your SSN for a tax refund or a job — or the IRS sends you a notice or letter indicating a problem — contact the IRS immediately. Specialists will work with you to get your tax return filed, get you any refund you are due, and protect your IRS account from identity thieves in the future.
CONTACT THE INTERNAL REVENUE SERVICE: IRS Identity Protection Specialized Unit
• Report the fraud.
• Send a copy of your police report or an IRS ID Theft Affidavit Form 14039 [PDF] and proof of your identity, such as a copy of your Social Security card, driver’s license or passport.
UPDATE YOUR FILES:
• Record the dates you made calls or sent letters.
• Keep copies of letters in your files.
Other Steps to Repair Identity Theft
1. Flag Your Credit Reports
Call one of the nationwide credit reporting companies, and ask for a fraud alert on your credit report. The company you call must contact the other two so they can put fraud alerts on your files. An initial fraud alert is good for 90 days.
2. Order Your Credit Reports
Each company’s credit report about you is slightly different, so order a report from each company. When you order, you must answer some questions to prove your identity. Read your reports carefully to see if the information is correct. If you see mistakes or signs of fraud, contact the credit reporting company.
3. Create an Identity Theft Report
An Identity Theft Report can help you get fraudulent information removed from your credit report, stop a company from collecting debts caused by identity theft, and get information about accounts a thief opened in your name. To create an Identity Theft Report:
§ File a complaint with the FTC at ftc.gov/complaint or 1-877-438-4338; TTY: 1-866-653-4261. Your completed complaint is called an FTC Affidavit.
§ Take your FTC Affidavit to your local police, or to the place where the theft occurred, and file a police report. Get a copy of the police report.