4 Ways to Prevent Tax Identity Theft

4 Ways to Prevent Tax Identity Theft

Tax identity theft occurs when your Social Security number is stolen and used to file a fraudulent tax return without permission.  January 28th-February 2nd is tax identity theft awareness week—follow these four tips to ensure your identity is safe through tax season and beyond.


number one in blue box  Keep the Social Security Card at Home

There’s nothing worse than losing your wallet and everything in it, so be proactive and keep your social security card in a safe location at home. Additionally, don’t carry any documents that has your SSN number on it.  


number two in blue box  Beware of Potential Scams

As of April 2017, the IRS began allowing some collection agencies to call taxpayers with overdue federal taxes.  While this new form of communication opened potential for scammers, the IRS reminds consumers its first form of communication will always be with a letter—so those who may owe unpaid taxes are aware of this incoming call.

number three in blue box  Shred Outdated Financial Documents

Keep a watchful eye on the “pile” of statements in your possession and shred those no longer needed.  Consider keeping a safe or lock box for documents and receipts you need to retain. 


Read more about what documents you should hold onto and for how long before shredding them from our previous Money Matters post.


number four in blue box  Check Your Mail Daily

January is the time of year employers, financial institutions, and nonprofits mail important documents to taxpayers, creating an opportunity for tax identity thefts to check the mail for those who may allow a few days to go by before getting their mail.


If you plan on going out of town and want the post office to hold your mail, schedule a Hold Mail Service with the USPS.



If you believe you’ve become a victim to tax identity theft…

Contact the IRS Identity Protection Specialized Unit at 1-800-908-4490 and fill out the IRS Identity Theft Affidavit, Form 14039.



Learn more about identity protection with our free resources. 

American Eagle Credit Union wants you to know how to best secure your identity both on and offline.  Learn more about identity theft with our free, interactive Identity Protection tutorial.  Visit the rest of our resource center for more financial tips.


Questions?  Call our Member Contact Center at 1-877-325-2848 or contact us online.

Thank you for your thoughts and comments on this blog topic. We welcome hearing from you. For your security, please do not to request transactions to your account in your comments. Additionally, do not include confidential information in your comments as this communication is not a secure channel for transmission.