That big Equifax data breach could end up leading to fake tax returns. Social security numbers were among the data exposed in the hacking.
Experts say criminals could potentially use those stolen numbers to file fraudulent tax returns. Having a credit freeze or other monitoring in place doesn’t prevent tax-related identity theft.
That’s among the top scams on the IRS’ dirty dozen list.
It’s still unclear what impact the Equifax breach could have on the 2018 tax filing season but the IRS says it’s reviewing the situation and determining next steps.
In the meantime, be prepared to file early, review your most recent tax return, and make a list of the key documents you’ll need.