This IP PIN will expire once your 1040 has been filed. The taxpayer will then receive a specific 6-digit PIN that will be entered onto your 1040. In order to receive an IP PIN, the taxpayer can register on the IRS website after first creating an account. Now, all taxpayers can receive an IP PIN if they apply. Previously, an IP PIN had to be sent to the taxpayer if the IRS suspected that the taxpayer was a victim of fraud. The IP PIN is specific to each individual every year, thus you will have to receive a new IP PIN each year. An IP PIN does not replace your Social Security Number, rather it adds an extra level of protection and is entered on a separate line on your 1040. Those who have a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) may enroll in the program, as long as you can verify your identity. One action that is now available to every taxpayer for the 2020 tax season is the Identity Protection PIN (IP PIN). If you think you may have been a victim of identity theft, the IRS has shared guidance to assist with a secure tax filing. As alluded to in a recently published article, The Ohio Department of Job and Family Services says that potentially half of the 1.4 million unemployment claims since May of 2020 are fraudulent. Many people unexpectedly received a 1099-G from their state unemployment office showing they received unemployment benefits they did not apply for. One change that many people have failed to think about, let alone prepare for, is the widespread identification fraud that has occurred via unemployment benefits. Many changes have occurred over the past 12 months due to COVID.
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