NOTICE CP101

An IRS Notice CP101 is a notice that the Internal Revenue Service (IRS) sends to taxpayers to inform them that they have verified a claim of identity theft on their tax account. The IRS will also place an indicator on the taxpayer’s account to monitor it for activity that could indicate future fraud.

There are a few reasons why you might receive an IRS Notice CP101:

• You filed a tax return and the IRS has reason to believe that your identity was stolen. This could be because someone filed a tax return in your name without your knowledge or consent, or because someone used your personal information to fraudulently obtain a tax refund.
• You contacted the IRS to report that your identity had been stolen.
• The IRS detected suspicious activity on your tax account, such as multiple tax returns being filed in your name or a large tax refund being requested.

If you receive an IRS Notice CP101, it is important to take the following steps:

1. Review the notice carefully. The notice will explain why you received it and what you need to do.
2. Gather any documentation that supports your claim of identity theft. This could include copies of your tax return, bank statements, and credit reports.
3. Contact the IRS at the number provided on the notice. An IRS representative will be able to answer any questions you have and help you take the necessary steps to protect your tax account.

• File your tax return early. This will help to reduce the risk of someone filing a tax return in your name without your knowledge or consent.
• Use strong passwords and two-factor authentication for all of your online accounts, including your tax return filing account.
• Be careful about the information you share online. Avoid sharing your personal information, such as your Social Security number, on social media or other public websites.
• Review your credit reports regularly for any suspicious activity.
• If you think you may have been a victim of identity theft, contact the IRS immediately.