The IRS has issued a major warning to taxpayers about a surge in scams offering fake $1,400 stimulus payments. These schemes are tricking people into sharing sensitive information, leading to identity theft and financial fraud. Here’s what you need to know to protect yourself and your finances.
How the Scam Works
Scammers are targeting victims with text messages claiming they qualify for a $1,400 Economic Impact Payment. These messages contain links directing people to fake websites designed to look like official IRS pages. Once on the site, users are asked to provide personal details like Social Security numbers and banking information, which the scammers then use to steal money or commit identity theft.
How to Spot the Scam
The IRS has provided key red flags to help taxpayers identify these fraudulent messages:
Unsolicited Texts or Emails: The IRS does not send texts or emails to initiate contact with taxpayers. Any such messages should be treated as suspicious.
Pressure and Urgency: Scammers often create a sense of urgency, warning that you could miss out on the payment or face legal trouble if you don’t act fast.
Requests for Personal Information: Be cautious of anyone asking for sensitive details like your Social Security number or bank account information. The IRS will never request this information via text, email, or social media.
How to Protect Yourself
Don’t Click on Suspicious Links: If you receive an unexpected text or email, avoid clicking on any links or opening attachments. They could direct you to a scam website or download malware onto your device.
Verify with the IRS Directly: To confirm if you’re eligible for any payments, go to the IRS website directly by typing www.irs.gov into your browser.
Report Suspicious Messages: If you receive a scam message, forward it to the IRS at [email protected]. This helps authorities track down fraudsters and prevent others from falling victim.
How the IRS Will Actually Contact You
The IRS typically communicates with taxpayers by sending letters through the U.S. Postal Service. They will not use text messages, emails, or social media to request payment or personal information. If you ever receive a phone call claiming to be from the IRS, be aware that they won’t threaten legal action or demand immediate payments.
Stay Alert and Informed
Scammers often rely on confusion and urgency to trick people. Stay updated on the latest IRS announcements by checking their official website. Never trust information about stimulus payments from unofficial sources or random social media posts.
