Due to an error,
taxpayers are receiving Identity Protection PIN letters with an incorrect year
listed. Taxpayers and tax professionals should be advised the IP PIN listed on
the CP 01A Notice dated January 4, 2016 is valid for use on all individual tax
returns filed in 2016.
The notice incorrectly
indicates the IP PIN issued is to be used for filing the 2014 tax return when
the number is actually to be used for the 2015 tax return. The IRS
emphasizes the IP PIN listed on the CP 01A notice is valid for the 2015
returns. Taxpayers and their tax professionals should use this PIN number for
2015 tax returns, which the IRS will begin accepting from taxpayers starting
Jan. 19, 2016.
The
IRS apologizes for the confusion and any inconvenience.
FAQ:
When
were the CP01A notices mailed?
The
notices are all dated January 4, 2016 but were mailed in late December.
Taxpayers are receiving these now through mid-January.
What
does an IP PIN do?
An
IP PIN helps the IRS verify a taxpayer’s identity and accept their electronic
or paper tax return. When you have an IP PIN, it prevents someone else from
filing a tax return with your SSN.
If a return is e-filed with your SSN and an incorrect or missing IP PIN, our
system will reject it until you submit it with the correct IP PIN or you file
on paper. If the same conditions occur on a paper filed return, we will delay
its processing and any refund you may be due for your protection while we
determine if it’s yours.
Does
this issue affect anything else involving the IP PIN process?
No.
#IntheNews #IRS #IRSReleases #Accounting