Give Yourself Credit: Tax Tips Students Need to Know

It’s that time of year to start getting your documents together for the 2016 tax season.

Something to know this year is there are new security measures, so you might have to devote more of your precious time to getting your taxes done.

In May, the Internal Revenue Service said hackers had stolen personal information, including back tax data, of some 104,000 taxpayers. The IRS estimates it paid out some $5.8 billion in fraudulent tax refunds in 2013, while it stopped attempted fraud involving more than four times that amount.

According to a CBS News reports, among the expected changes for taxpayers are more stringent passwords to access tax software; a new feature that will lock users out after a certain period of time and unsuccessful log-in attempts; and additional security questions.

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