The Rise in State Tax Refund Fraud
Summary: Intuit reports a 3700 percent increase in fraudulent state tax refund filings in some states this year, and TurboTax briefly suspended state refund filings while it investigated. Intuit CISO Indu Kodukula attributes the shift to the IRS improving at flagging fraudulent federal returns, and points to unlinked state returns - allowed in 46 states - as the opening fraudsters now exploit.
Why it matters: Intuit saw between three- and 37-fold increases in unlinked, state-only returns, and now blocks users from filing them through TurboTax - leaving states to fight this fraud largely on their own.
Read the original at Krebs on Security ↗
- Topics
- Fraud & Scams
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