The IRS states that the IP PIN, which is exclusively known to the individual and the IRS, serves to verify a taxpayer’s identity during the electronic submission of their tax return, thereby ...
Tax-related identity theft happens when someone else uses your Social Security number and last year's AGI to file a tax return in your name, and the practice has been booming in recent years.
Miller says, “Because an IP PIN is known only to you and the IRS, it’s an extra layer of security that helps prevent the bad guys from filing a tax return using your name and Social Security ...
If you're worried about your personal information being stolen and used to file a fraudulent tax return, you can request an Identity Protection PIN (IP PIN) from the IRS. An IP PIN is a six-digit ...