How to Protect Your Tax Refund From Scammers

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 25 March 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

The IRS is encouraging taxpayers to apply for a six-digit IP PIN to protect their refund from fraudsters. Host Ariana Aspuru is joined by Wall Street Journal tax reporter Laura Saunders, who walks us through the online process of applying for this extra level of protection. Sign up for the WSJ's free Markets A.M. newsletter. Further Listening: Tax Season 2025: What’s New That Could Save You Money Your Cheat Sheet to Taxes for Investors How Owning a Home Can Help You Save on Taxes Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Get ready for a game changer.
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0:25.5	Curious to learn more, head to adobe.com forward slash express.
0:32.8	Here's your money briefing for Tuesday, March 25th.
0:36.2	I'm Mariana Aspuru for the Wall Street Journal.
0:40.3	Scammers are filing fake tax returns using real people's basic information to steal their
0:50.3	refunds.
0:51.3	Untangling the mess of verifying your identity and getting your refund back could take up to two years.
0:57.7	And it's a great quick hit for a scammer if they can make it work.
1:02.0	They get your personal information, your name, your date of birth, your social security number, your address.
1:07.1	They file it in your name at the beginning of tax season and asked for a refund, and the IRS may send it to them.
1:13.8	We'll talk to Wall Street Journal reporter Laura Saunders about how you can protect your return.
1:19.0	That's after the break.
1:30.1	Hello, Blue Skies.
1:32.8	Hello moving onwards and upwards.
1:35.3	Hello, taking control of your money.
1:38.0	Say hello to tax-free investing.
	...

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