IRS’s efforts at combatting tax identity theft seem to be paying off.
Complaints of ID theft fell 46% in 2016 from the previous year, to 376,500. And the numbers for the first quarter of 2017 seem to be following that trend. Some of the decline may be because of new antifraud measures the agency is using to filter out returns filed by identity thieves. Last year, IRS computers stopped more than $6.5 billion in fraudulent refunds on approximately 970,000 returns filed under stolen Social Security numbers and tax identification numbers.