Heads Up, Mind Your Tax Returns

For unfiled tax returns, the IRS is only interested in the last six years. Anything way, way back is probably lost to history.

As much as the IRS wants to go through old records to find earlier unfiled returns, it neither has the manpower nor resources to do that. This is a government agency that holds data of millions of taxpayers around the country. It can’t spend its time digging in the dirt, even if you owe it 20 years’ worth.

The IRS uses several forms to notify taxpayers of any unfiled returns. Here’s a cheek-in-tongue explanation of each form.

  • CP59 – You haven’t filed your most recent tax returns

  • CP63 – You haven’t filed your most recent tax returns, so the IRS will hold your refund.

  • CP259 – You haven’t filed your most recent business tax returns

  • CP515 Individuals – You still haven’t filed your most recent tax returns

  • CP515 Business – You still haven’t filed your most recent business tax returns.

  • CP516 – The IRS is still waiting for that most recent tax returns

  • CP518 Individuals – File your most recent tax returns now. This is your final warning.

  • CP 518 Business – File your most recent business tax returns now. This is your final warning.

  • CP2566 – The IRS has crunched the numbers but haven’t received your most recent tax return.

  • CP2566R – A follow-up to CP63; the IRS will only release your refund if you filed your most recent tax returns.

If you receive any of these notices, consult a tax attorney immediately.

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