IRS Says It Exposed Some Confidential Taxpayer Data on Website

WASHINGTON—The Inside Income Service inadvertently posted what is often confidential data involving about 120,000 people earlier than discovering the error and eradicating the information from its web site, officers stated Friday.

The info are from Kind 990-T, which is commonly required for individuals with particular person retirement accounts who earn sure kinds of enterprise revenue inside these retirement plans. That usually consists of individuals whose IRAs are invested in grasp restricted partnerships, actual property or different belongings that generate revenue, not these whose IRAs are solely invested in securities.