IRS Admits Hack is WAY Worse Than First Thought

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WASHINGTON, D.C. -- Remember that awkward moment when the Internal Revenue Service got hacked last year? Well, just in case you don’t, here’s a brief refresher.

Last spring, the IRS said a group of hackers had gotten into more than 100,000 taxpayers' files. They could see top secret stuff like income and social security numbers.

But now the IRS says that the number of people affected isn't 100,000 but instead 700,000! The IRS has already started notifying taxpayers affected by this latest revelation by mail.

People who've had their information compromised will qualify for a year of free Equifax identity theft protection as well as "extra scrutiny" on tax returns related to their social security numbers.

So, be sure to pay extra attention to what's in your mailbox this week, it may not be your tax refund but instead an even more important piece of paper from Uncle Sam.