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ID-Theft - Received 1099-Misc for Royalties but it is not mine. How to deal with it?
I received a 1099-Misc from a company called Zazzle Inc. The info on the form matches 100% but I have never had an account with them. Royalties received were $16. ID Thief opened account with my info (from data breach leak) and had his/her own PayPal payout account.
I contacted the IRS ID theft dept, who made notes on my account. Zazzle Inc (a helpless company) closed out account but could not do anything else. Luckily it was just $16 but it is not mine. I do not know how to move forward.
I am facing the dilemma: should I report it in my taxes and call it a day? Should I NOT report it in my taxes and wait for the IRS come after me with an explanation? Should I report it anywhere else?
Thanks for the advise.
March 7, 2025
8:00 AM