“Starting in summer 2022, if you need to login to the IRS`s website to access the Child Tax Credit Update Portal, get your tax transcript or view a payment agreement with the agency, you will need to create an account with third-party identity verification company ID. me,” according to CNBC.
The IRS spokesperson told CNBC that taxpayers can still pay or file their taxes “without submitting a selfie or other information to a third-party identity verification company” by using means that have already been verified such as bank accounts.
This comes after last year’s policy for banks to report transactions of over $600 to the IRS.
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