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How worried should people be about Elon Musk and DOGE having access to their personal tax information?

People should be significantly concerned about this access. Tax returns contain highly personal information including income details, property tax information, data about children and businesses. This is why there's already an intense process in place to keep this information private and secure. While the White House has stated that Dogecoin wouldn't get access to taxpayer IDs or Social Security information, there remain significant concerns about what other information might be accessed and how Musk plans to use it. The security of this sensitive personal data is a legitimate worry as tax returns represent some of the most comprehensive personal financial information that exists.

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03:37

From

Concerns over Personal Data Access by Dogecoin and Musk

ABC News·8 months ago

Answered in this video

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00:29

What risks could the Dogecoin lawsuit pose to your tax return?

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00:49

How could the layoffs at the IRS impact tax return processing times?

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00:27

Why is it important to modernize the tax system during the tax season?

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00:17

How could the use of AI with sensitive tax data lead to potential hacking risks?

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