Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Sign Up with the IRS before the bad guys do
Old 03-30-2015, 10:57 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 6,326
Sign Up with the IRS before the bad guys do

Here is a warning from Krebs on Security concerning signing up for your IRS logon id before the bad guys do.

Sign Up at irs.gov Before Crooks Do It For You €” Krebs on Security

Quote:
If you’re an American and haven’t yet created an account at irs.gov, you may want to take care of that before tax fraudsters create an account in your name and steal your personal and tax data in the process.
I tried to do it, but since my credit records are frozen, I was unable to do so. Another reason for freezing one's credit records, IMHO.
__________________

__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-30-2015, 11:00 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 6,326
Apparently, the criminals used a willing 'dupe' to get the victim's tax refund.

Quote:
For starters, the woman who owned the bank account that received his phony refund — a student at a local Pennsylvania university — said she got the transfer after responding to a Craigslist ad for a moneymaking opportunity.
__________________

__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is online now   Reply With Quote
Old 03-30-2015, 03:10 PM   #3
Thinks s/he gets paid by the post
Onward's Avatar
 
Join Date: Jul 2009
Posts: 1,665
I'm poking around IRS.gov and don't see any way to create an account. (?)
__________________
And if I claim to be a wise man, it surely means that I don't know.
Onward is offline   Reply With Quote
Old 03-30-2015, 05:26 PM   #4
Recycles dryer sheets
 
Join Date: May 2014
Location: Yuma AZ
Posts: 270
Is this the signup site?

Step 1 - Create an IRS e-services Account
__________________
unno2002 is offline   Reply With Quote
Old 03-30-2015, 05:27 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,459
DH and I read that article this morning, and we had no idea about being able to get that info from irs.gov.

I created an account today. Wow - everything is there!

The Record of Account Transcript is very useful to me, because it gives a complete picture of estimated taxes paid in and funds applied from the prior year versus amount owed. Using EFTPS I only got half of the picture - the other half being our tax return. And I had to just hope both sides were talking to each other - now I can verify that the information correct.

You can also find out things like when your return was processed.

The link in Chuckanut's quote worked for us:
http://www.irs.gov/Individuals/Get-Transcript
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 03-30-2015, 06:45 PM   #6
Thinks s/he gets paid by the post
grasshopper's Avatar
 
Join Date: Oct 2010
Posts: 1,670
Worked for me like audrey1, I liked seeing my est taxes in on place I use Easy Pay and EFTPS, and leave refund dollars for 1st qtr payments. So if everything is recorded here it will keep me happy.
__________________
For me experiences are not good or bad, just different
grasshopper is offline   Reply With Quote
Old 03-30-2015, 06:53 PM   #7
Thinks s/he gets paid by the post
gauss's Avatar
 
Join Date: Aug 2011
Posts: 1,708
I have mailed in the paper forms in the past to get these types of tax transcripts and waited several weeks each time to receive the results.

Was very useful to have up to 10 years of 1099-R / 5498's available once I realized that I would need to track details of the basis for Roth IRAs if I withdrew contributions /conversions and 401k rollovers prior to age 59 1/2.

This will be a much more efficient way to get this information. I created an account today -- I did need to provide answers to questions such as "when was my house built?" etc to validate my identity.

I am a bit concerned that they did not ask for prior year's AGI amount like the "where's my refund" site does. Seems that using data from a prior years tax return would beef up the security around this.

-gauss
__________________
gauss is offline   Reply With Quote
Old 03-30-2015, 07:21 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,459
So the takeaway from me from this article is to set up two accounts (and do this before freezing your credit file):
  • At irs.gov, set up the account to access your transcripts.
  • At ssa.gov, set up your online account.
This will prevent someone else setting up accounts with those agencies using your credentials, and also keep someone from messing with your social security benefits or accessing your IRS detailed tax return information.

A vulnerable agency is still the FTC at annualcreditreport.com. You cannot create an account AFAIK. It looks like each time you request a credit report you are queried for the "soft query" data that appears in your credit file. So someone might be able to obtain a full report if they had some info and then was able to search for more and answer questions correctly.

Since a credit freeze does not prevent you from getting annual credit reports, it seems like someone could still get access to your credit file if they were lucky enough to find enough info. They couldn't open any credit in your name, however, and they couldn't open the above accounts at irs.gov or ssa.gov.

Credit Freeze FAQs | Consumer Information
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 03-30-2015, 07:21 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,459
I set up my ssa.gov account today too.
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 03-31-2015, 11:29 AM   #10
Full time employment: Posting here.
 
Join Date: Sep 2012
Location: San Jose
Posts: 607
Does anybody know if a freeze will prevent account creation on the SSA site?

I was going to create the IRS one until I read you can't with a freeze, and I have freezes on all three, and am not going to unfreeze them just to create an account.
__________________
LoneAspen is offline   Reply With Quote
Old 03-31-2015, 11:34 AM   #11
Thinks s/he gets paid by the post
mpeirce's Avatar
 
Join Date: Feb 2012
Location: Columbus area
Posts: 1,590
Quote:
Originally Posted by LoneAspen View Post
Does anybody know if a freeze will prevent account creation on the SSA site?
Yes.

You can either go into an office to set it up or do a temporary unfreeze (they use just one credit agency - Transunion? - so you don't have to unfreeze them all)
__________________
mpeirce is online now   Reply With Quote
Old 03-31-2015, 11:47 AM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,459
Experian - ssa.gov is using Experian.

DH will have to go to the SS office to create his account because there seems to be some data dispute and they can override the credit report info there.
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 05-26-2015, 04:58 PM   #13
Thinks s/he gets paid by the post
gauss's Avatar
 
Join Date: Aug 2011
Posts: 1,708
Well apparently the Bad Guys were quite effective in gaining fraudulent access to many IRS tax transcript accounts.

Quote:
The IRS announced today that criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to information on approximately 100,000 tax accounts through IRS’ “Get Transcript” application. This data included Social Security information, date of birth and street address.
IRS Press Release and NPR report follow:

IRS Statement on the "Get Transcript" Application

IRS Reports Theft Of More Than 100,000 Taxpayers' Information : NPR

Thanks, Chuckanut, for the early warning on this.

-gauss
__________________
gauss is offline   Reply With Quote
Old 05-26-2015, 05:26 PM   #14
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,429
Thanks for the update and links. Interesting news. I think we've reached the point where credit monitoring should be available to all of us at no charge. Not holding my breath, though.
__________________

__________________
MichaelB is online now   Reply With Quote
Reply

Tags
irs


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Betting on the Bad Guys RonBoyd FIRE and Money 0 06-15-2010 01:59 PM
Maybe health insurers not the bad guys after all.... Walt34 Health and Early Retirement 21 11-04-2009 12:44 PM
bad sign - Schwab outta commision JohnEyles FIRE and Money 12 08-18-2007 07:38 PM

 

 
All times are GMT -6. The time now is 11:10 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.