Tax refund fraud: IRS crackdown ensnares legitimate taxpayers

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Tax refund fraud: IRS crackdown ensnares legitimate taxpayers
इंडिया ताज़ा खबर,इंडिया मुख्य बातें
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While the IRS efforts to reduce tax refund fraud have been successful, legitimate taxpayers have been caught up in the process, delaying refunds.

The 59-year-old resident of Fort Wayne, Indiana, was expecting a small refund – just $327. But after submitting her return electronically on the first tax filing day in January, she got a letter from the IRS about two weeks later asking her to verify her identity. She could do it online, over the phone or in person.

The efforts, so far, have been successful. The volume of victims reporting tax identity theft fell 19 percent over the first 10 months of 2018, compared with the same stretch in 2017, and 72 percent from the same period in 2015, according to the latest IRS figures. What you must do next depends on which of the four ID theft letters you received. Some cases can be resolved online or over the phone, while others require an in-person visit to a Taxpayer Assistance Center. The letter should outline what materials you need, which typically include the letter itself, last year’s return, this year’s return and supporting documents such as W-2s and 1099s.

In fact, even for early filers, refunds from returns that claim those credits can’t be issued until mid-February by law, so the IRS has extra time to run them through its detection process. Letter 5747C: You can only resolve the case by making an in-person appointment at a Taxpayer Assistance Center . You must bring the documents listed in the letter.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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