What happens after I report IRS Identity Theft?

After a person reports IRS Identity Theft, a series of important steps are typically initiated to investigate the claim and protect the individual from further issues. The first action usually involves the IRS reviewing the report to determine the extent of the identity theft and assess the taxpayer's situation. This process may include verifying the individual’s identity and confirming that fraudulent tax returns have been filed in their name. Once the IRS takes the report into consideration, they may assign a tracking number to the case and communicate with the affected taxpayer regarding the next steps. The IRS typically provides guidance on how to proceed, which may involve contacting the individual's financial institutions to monitor accounts for unusual activity, reviewing credit reports for inaccuracies, and safeguarding personal information. In many cases, the IRS will issue an Identity Theft Affidavit and provide a means to resolve the fraudulent claims made in the taxpayer's name. The affected individual may also receive advice on obtaining an Identity Protection Personal Identification Number, known as an IP PIN, which assists in preventing future tax fraud. It is crucial for reported individuals to maintain records of their communications and any documents submitted to the IRS throughout this process. They should check the current web page for further guidance and contact information related to their specific situation, as additional resources may be available to assist them in managing the aftermath of identity theft.