The IRS shared this morning Tax Tip 2021-07 – All taxpayers are now eligible for identity protection PINs.
The Identity Protection PIN is a six-digit code known only to the taxpayer and to the IRS. It helps prevent identity thieves from filing fraudulent tax returns using a taxpayers’ personally identifiable information.
Here are a few key things to know about the IP PIN Opt-In program.
- This is a voluntary program.
- Taxpayers must pass a rigorous identity verification process.
- Spouses and dependents are eligible for an IP PIN if they can verify their identities.
- An IP PIN is valid for a calendar year.
- People must get a new IP PIN each filing season.
- The online IP PIN tool is offline between November and mid-January each year.
- Correct IP PINs must be entered on electronic and paper tax returns to avoid rejections and delays.
- Taxpayers should Never share their IP PIN with anyone but their trusted tax provider.
- The IRS will never call, text or email requesting their IP PIN.
- People should beware of scams to steal their IP PIN.
- There currently is no opt-out option but the IRS is working on one for 2022.
Taxpayers who want an IP PIN for 2021 should use the link to the official IRS website – https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin