Monday, March 23, 2015

" Did You Receive Identity Verification Letter From IRS? "

When Suspicious and Fraudulent Tax Returns are filed  to get Tax Refunds, IRS mails the Identity Verification Letters (5071C)  and puts the Tax Return Processing on hold until the Taxpayer's Identity is verified.   

The Taxpayers who receive Letter 5071C should access IRS Site -  idverify.irs.gov and correctly answer Identity Verification Questions that only the Taxpayer can.  After the Identity is verified the Taxpayer needs confirm if the Tax Return was filed .

If the Tax Return was was filed, IRS will remove the hold and resume processing.  It takes 6 weeks to process the return and issue a Refund Check.  If the Tax Return was not filed IRS will reject the Tax Return on Hold as if the Tax Return was never filed.

IRS never calls or send emails to Taxpayers, so be aware of Scammers who try to steal Tax payer Identities.

For Q & A Contact :  Kash, (925) 963 4891 @ Yajnik & Mehta Associates  (YMA) 
Facebook : www.facebook.com/yma.taxpro
Twitter :     http://twitter.com/kash_yajnik
Linked In:  http://linkedin.com

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