Tax preparers should encourage their clients to sign up for an Identity Protection PIN (IP PIN) to safeguard their federal tax returns. The IP PIN is available to all taxpayers who can verify their identity and provides an extra layer of protection against identity theft.
What is an IP PIN?
An IP PIN is a six-digit number known only to the taxpayer and the IRS. It helps prevent identity thieves from filing fraudulent tax returns using a taxpayer’s personal information. By using an IP PIN, the IRS can verify the authenticity of a taxpayer’s federal income tax return.
Benefits of Obtaining an IP PIN:
- Protects taxpayers against fraudulent tax filings.
- Grants access to the taxpayer’s IRS online account, where they can:
- View prior-year return information.
- Make payments.
- Access additional tools and resources.
Key Details about the IP PIN Opt-In Program:
- Voluntary Enrollment: Taxpayers choose whether to participate.
- Identity Verification: Each individual must pass a verification process. Those previously rejected are encouraged to try again, as the process has been improved.
- Annual Renewal: IP PINs are valid for one calendar year. A new PIN is issued each year.
- Mandatory Use: Once enrolled, taxpayers must include the IP PIN on their federal income tax return to avoid rejections or delays.
- PIN Access: Taxpayers can view their current IP PIN by logging back into the “Get an IP PIN” tool.
- Opt-Out Option: Taxpayers who voluntarily enroll can opt out of the program at any time.
Who is Eligible?
Any individual with a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) is eligible to apply, including:
- Taxpayers
- Spouses
- Dependents
Most individuals can easily obtain an IP PIN through the Get an IP PIN tool on the IRS website.
Additional Resources:
For more information on the IP PIN program, visit the following IRS resources:
- IRS News Release IR-24-303: Guard against fraudsters with an Identity Protection PIN
- IP PIN FAQs
- Publication 5367: Identity Protection PIN Opt-in Program for Taxpayers
- Get an Identity Protection PIN
- ID.me IRS Help Site – FAQs on Identity Verification
Encourage your clients to take this important step in protecting their identity and ensuring a smoother tax filing process!
