NOTICE CP63

CP Notices

IRS Notice CP63 is a notice that the IRS sends to taxpayers to inform them that their tax refund is being held because they have not filed one or more tax returns from previous years. The IRS may also send this notice if the taxpayer filed a tax return for the current year but failed to include all of their income or deductions.

    Reasons why it happened:

There are a few reasons why you may have received IRS Notice CP63:

  • You have not filed one or more tax returns from previous years.
  • You filed a tax return for the current year but failed to include all of your income or deductions.
  • The IRS needs to verify your income or deductions.
  • You have a balance due on your taxes from previous years.
Options for responding:

The first thing you should do if you receive IRS Notice CP63 is to review the notice carefully and make sure that you understand why the IRS is holding your refund. If you have any questions, you should contact the IRS directly.

If you have not filed one or more tax returns from previous years, you should file them as soon as possible. You can file your tax returns electronically or by mail. If you need help filing your taxes, you can contact a tax professional.

If you filed a tax return for the current year but failed to include all of your income or deductions, you should file an amended tax return. You can file an amended tax return electronically or by mail.

If the IRS needs to verify your income or deductions, you may need to provide them with additional documentation. The IRS will let you know what documentation they need.

If you have a balance due on your taxes from previous years, you can pay the balance in full or you can request a payment plan. If you cannot pay the balance in full, you should contact the IRS to discuss your options.

How to avoid it in the future:

The best way to avoid receiving IRS Notice CP63 in the future is to file your tax returns on time and to include all of your income and deductions. You should also keep good records of your income and deductions so that you can easily file your taxes next year.

Document
Important Tip: Not sure where to begin? Try our Tax Relief Finder tool. It helps you find IRS programs and gives recommendations for the best solution. Learn about our - Tax Relief Program Finder
Important Tip: Understanding the Tax-Relief process is an essential resource for individuals dealing with tax debt. It offers a road map guide, simplifying the steps needed to resolve tax-related issues- Tax-Relief Process
Ask Mike

You can now ask our AI assistant any questions you have about your tax debt or any tax-related issues. Whether you’re unsure about payment plans, need clarification on penalties, or want information on how to resolve your tax situation. Our AI is ready to assist you with all your tax-related concerns.

HomeMascotAskMe
  • By interacting with our AI assistance, you agree to our terms & conditions. Enjoy our AI Tax Assistant responsibly.

  • Ask me any questions...

AI Thinking, getting my thoughts together ...

Related Posts

Recent Posts

Disclaimer: This is educational content, not legal, accounting, or tax advice.Â