A-2015-22: IRS will not treat certain ID protection services as taxable

Internal Revenue Service (IRS) sent this bulletin at 08/13/2015 02:41 PM EDT

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August 13, 2015

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Issue Number: A-2015-22

Inside This Issue

Announcement 2015-22 states that the IRS will not assert that an individual whose personal information may have been compromised in a data breach must include in gross income the value of the identity protection services provided by the organization that experienced the data breach. Additionally, the IRS will not assert that an employer providing identity protection services to employees whose personal information may have been compromised in a data breach of the employer’s (or employer’s agent or service provider’s) recordkeeping system must include the value of the identity protection services in the employees’ gross income and wages.

Announcement 2015-22 will be in IRB 2015-35, dated August 31, 2015.

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