The Washington Post is reporting that some taxpayers have had the refund stolen after filing their tax return.
"Michelle Quinn filed her tax return in January and got the good news that she was due a refund of about $8,000.
But
days after the refund was supposed to arrive, the 33-year-old mother of
three still didn’t see the cash in her bank account. When Quinn logged
onto TurboTax, she learned that her refund had in fact been deposited —
into someone else’s bank.
Quinn is the victim of a form of
tax-related identity theft that fraud experts say is uncommon. Most
people find out they’re victims after their tax returns are rejected
because someone else has already filed in their name. But Quinn’s refund
was stolen after she filed her return and the IRS accepted it. Before
her refund was deposited, someone changed the bank account information.
Between
24 and 40 taxpayers had their refunds stolen this way, according to
Intuit, the maker of TurboTax, and Green Dot Corporation, a bank that
works with tax-preparation firms to issue refunds. Like Quinn, all of
the customers had elected to have their filing fees pulled from their
refunds through what’s called a refund transfer. About two dozen of
those customers used TurboTax."
Read more by clicking on this link.
