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Old 02-07-2015, 06:48 AM   #41
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Here's something new, that should interest folks here.
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The Internal Revenue Service is again offering the Identity Protection PIN to all taxpayers who filed their federal tax returns last year from Florida, Georgia and the District of Columbia as part of a pilot program to help determine taxpayer demand for the IP PIN and the Service's ability to issue the PIN to a larger number of taxpayers. These locations have the highest per-capita percentage of tax-related identity theft.
IP PIN pilot continues in Georgia, Florida and the District of Columbia
http://www.irs.gov/Individuals/Frequ...Number-(IP-PIN)
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Old 02-07-2015, 08:11 AM   #42
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Originally Posted by MichaelB View Post
I didn't know how new this was. I saw they were only offering it for states with high return fraud, otherwise you have to have been a victim of ID theft to get one.

The thing that bugs me is that they mail you a new PIN each December? Well, I guess if there are no other credentials along with it that is innocuous enough, but I hate getting sensitive information by mail.
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Old 02-07-2015, 10:24 AM   #43
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Thanks, I'm in GA and just signed up for a PIN. Doesn't look like it will help for state filing fraud though, and I don't see a way to similarly protect our GA return because GA is still stuck in the early days of websites.
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Old 02-07-2015, 11:08 AM   #44
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A hint about why TurboTax state returns might be affected at a higher rate than those prepared with other programs--maybe it's the procedure each software uses: (from the WSJ, may require subscription, bold added)

Quote:
H&R Block has no indication of similar problems with its state tax filings, company spokesman Gene King said Friday. “H&R Block continues to file state and federal returns as usual,” he said.


The Block spokesman also said his company’s anti-fraud controls include requiring an e-filed federal return to have been accepted by the U.S. prior to transmitting a state e-filed return. With TurboTax, by contrast, it is possible to e-file a state return without e-filing a federal return, Intuit confirms.
A TaxAct spokeswoman said that company is not seeing similar fraud issues and that customers can file state and federal returns as usual.
The successful filing/acceptance of a federal return might serve as an effective "screen" to some fraudulent/duplicate returns, especially if a state's fraud prevention mechanisms are weak. Series, rather than parallel, submission of the federal/state returns is a bit more cumbersome, but serves as additional protective measure.
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Old 02-07-2015, 11:15 AM   #45
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Originally Posted by samclem View Post
A hint about why TurboTax state returns might be affected at a higher rate than those prepared with other programs--maybe it's the procedure each software uses: (from the WSJ, may require subscription, bold added)


The successful filing/acceptance of a federal return might serve as an effective "screen" to some fraudulent/duplicate returns, especially if the state's fraud prevention mechanisms are weak.
Makes sense. Thanks for the snippet and link.
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Old 02-07-2015, 12:06 PM   #46
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This scam that involves 'filing for your refund before you can' has been going on for several years now. All the criminal needs is your social security number and other PII. similar to what was just stolen in the Anthem hack.

IIRC, It hasn't been specifically a turbotax thing, just any sort of electronic filing. before that, they would just snail mail in the documents before you, IIRC
Crap! Being one of those 80 million in the Anthem attack, I'm starting to see the danger. I ALWAYS delay filing until the very end (April 15), because I always have at least 1 revision to my 1099s from my brokerages-usually 2 or 3 revisions. One year, the 1099 was revised on April 5, and I didn't receive it until April 10!

Because I file an army of forms (MLP holdings, HSA deduction, self-employment side gig, Stock transactions), I don't want to have to refile all of those forms because $25 in dividends was re-declared by a REIT or CEF from "qualified dividend" to "return of capital". So, I wait until the very end with the information pre-filled out in spreadsheets, ready to put into the final forms.

I've heard about people committing fraud with federal returns by filing for bogus refunds, but if an organized crime syndicate has a large number of SSNs, it would make it much easier to do this. And since many Americans wait until April 15 to post mark, it would be pretty easy to file many returns early in Jan/Feb for fraudulent refunds.
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Old 02-07-2015, 12:32 PM   #47
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Originally Posted by audreyh1 View Post
I didn't know how new this was. I saw they were only offering it for states with high return fraud, otherwise you have to have been a victim of ID theft to get one.
Admittedly it is confusing but that does not appear to be the case if I understand this correctly from the second link MichaelB posted. The quoted text is at the bottom of the page:

Quote:
If I choose to get an IP PIN, does this mean I am an identity theft victim?
No, the program is not limited to just identity theft victims. The main purpose of the program is to add an additional layer of protection to taxpayers who live in areas where tax-related identity theft is more prevalent.
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Old 02-07-2015, 03:21 PM   #48
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Admittedly it is confusing but that does not appear to be the case if I understand this correctly from the second link MichaelB posted. The quoted text is at the bottom of the page:
Thanks!
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Old 02-09-2015, 08:08 PM   #49
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Someone I know got a phishing email today from the "IRS" announcing that they had a new IP PIN to use for e-Filing their 2014 return.

Subject: Your 2014 electronic IP PIN!

Quote:
Dear member

This is to inform you that our system has generated your new secure electronic PIN to e-File your 2014 tax return.

Please kindly download the Microsoft file to securely review it.

Thanks

Internal Revenue Service
<address given>
attachment named Tax(IP.PIN).doc
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Old 02-09-2015, 08:27 PM   #50
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Someone I know got a phishing email today from the "IRS" announcing that they had a new IP PIN to use for e-Filing their 2014 return
Wow--both Microsoft and the IRS in the same solicitation. If it had Comcast it would be some sort of evil trifecta.
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Old 02-09-2015, 10:56 PM   #51
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Wow--both Microsoft and the IRS in the same solicitation. If it had Comcast it would be some sort of evil trifecta.
LOL!
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Old 02-11-2015, 11:11 AM   #52
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I guess TurboTax's state filing problems have been resolved, at least for Louisiana. I used TT to e-file my state taxes on the 8th, not having read about these problems yet. Serves me right for taking a few days away from the board. After telling TT to file, I heard nothing encouraging (actually nothing at all) from TT about my Louisiana return.

However, last night I got an e-mail from TT saying that Louisiana has accepted my return. Now I can go back to my "Taxes Done!" happy dance just in time for Mardi Gras.

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