Taxpayer identity theft concerns involving unemployment benefits
ColoradoBiz Magazine IRS expands Identity Protection PIN Opt-In program March 8, 2021 During the COVID-19 pandemic, the IRS has noticed increased cases of identity thieves fraudulently filing claims for and receiving unemployment benefits on behalf of taxpayers. These taxpayers are now receiving Form 1099-G, Certain Government Payments, showing an amount of taxable unemployment benefits they never received. On January 28, 2021, the IRS provided guidance for taxpayers who find themselves in this circumstance. Taxpayers who were incorrectly issued Form 1099-G for unemployment benefits they did ...
Source: cobizmag.com