Watchdog: IRS failed to notify over 1M people of identity theft

Naomi Jagoda reports:

The Internal Revenue Service identified close to 1.1 million taxpayers who were victims of employment-related identity theft from 2011 through 2015, but almost none of the victims were informed, a Treasury Department watchdog found in a report made public this week.

“Employment-related identity theft can cause significant burden to taxpayers, including the incorrect computation of taxes based on income they did not earn,” said J. Russell George, the Treasury inspector general for tax administration, whose office issued the report.

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