As the 2025 tax season approaches, safeguarding your personal and financial information is more important than ever. The IRS is encouraging all taxpayers to take a crucial step in protecting their identity by signing up for an Identity Protection Personal Identification Number (IP PIN). At Torkelson & Associates, we’re here to guide you through this simple yet vital process to ensure your tax filing is secure and stress-free.
What Is an IP PIN?
An IP PIN is a six-digit number assigned by the IRS that helps prevent someone else from filing a federal tax return using your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). Known only to you and the IRS, this unique identifier adds an extra layer of security to your electronic and paper tax returns, making it significantly more difficult for identity thieves to misuse your personal information.
Why Should You Get an IP PIN?
Tax-related identity theft is a growing concern. By obtaining this personal identification number, you:
- Protect Your Refund: Ensure that your tax refund isn’t claimed fraudulently.
- Secure Personal Information: Add a layer of protection to sensitive data like your SSN or ITIN.
- Gain Peace of Mind: File your taxes confidently, knowing your identity is safeguarded.
How to Request an IP PIN
The most efficient way to obtain one is through the IRS Online Account. Here’s how:
- Create or Log Into Your Account: Visit IRS.gov to get started.
- Verify Your Identity: Follow the steps for identity verification. Spouses and dependents can also apply after completing these steps.
- Request Your PIN: Once verified, request it under the profile tab in your account.
Important: After receiving your IP PIN, you must use it when filing any federal tax returns during the year, including prior year and amended returns.
Key Dates to Remember
- Before November 23, 2024: Sign up to ensure your identity is protected when the filing season begins.
- November 23, 2024 – Early January 2025: The system will be unavailable for maintenance.
- January 2025: New PINs are generated. Log into your online account to retrieve yours for the 2025 filing season.
Alternative Methods to Obtain an Identity Protection PIN
If you’re unable to create an online account, you can:
- In-Person Authentication: Visit a Taxpayer Assistance Center for identity verification.
- By Mail: Some participants will receive their Identity Protection PIN via mail from the IRS.
For more details, visit the IRS page on Get an Identity Protection PIN (IP PIN).
Keep Your Identity Protection PIN Secure
- Share Wisely: Only provide your IP PIN to the IRS and your trusted tax preparation provider.
- Beware of Scams: The IRS will never call, email, or text you requesting your IP PIN.
Opting Out of the Identity Protection PIN Program
If you’ve enrolled in the IP PIN program but have not been a victim of tax-related identity theft, you can opt out via your online account.
We’re Here to Help
At Torkelson & Associates, your security is our priority. If you have questions or need assistance with the IP PIN process, contact us today. Let’s work together to make your 2025 tax season safe and hassle-free.