More than 1 million tax returns have been flagged for potential identity fraud with more than $6 billion in refunds requiring additional review, according to the IRS.
An interim report on the 2023 tax filing season that the IRS composed last week and publicly released Tuesday states that the agency identified almost 1.1 million returns that need to have additional review because of identity theft filters, as of March 2. The IRS confirmed 12,617 returns to be fraudulent, preventing $105.3 million in refunds from being distributed.