what happens if i forgot to file my taxes last year

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Will the IRS Proceed My Refund if I Didn't File My Taxes Last Year?

Updated for Tax Yr 2022 • December 29, 2022 10:xix AM

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OVERVIEW

If you're concerned about your tax refund existence held by the IRS because of unfiled returns, yous have a couple of options to reduce or eliminate any actress wait for your current-twelvemonth refund.

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The IRS doesn't automatically keep revenue enhancement refunds merely considering you didn't file a tax return in a previous year. However, in some cases the IRS may keep your refund if y'all accept not filed a prior-twelvemonth return and it appears that you'll owe money when you do. If y'all're concerned well-nigh your refund being held because of unfiled returns, you have a couple of options to reduce or eliminate any actress look for your current-twelvemonth refund.

Possible tax balances on unfiled returns

When you don't file a return, the IRS uses data in its system to determine whether you're at risk for owing tax. The information in the IRS system includes forms provided by third parties, like your W-2, 1099 and 1098 forms.

When the IRS uses this information to estimate your tax, it does not consider your filing status or deductions because the IRS doesn't know what you're eligible to claim on an unfiled return. So, only because the IRS thinks you lot might owe, information technology doesn't necessarily hateful you will. The only way to know for sure is to prepare your unfiled return.

CP88 notice

If a refund of yours is existence held because the IRS thinks you'll owe tax on a prior-year unfiled return, you lot'll receive a CP88 notice from the IRS. This notice explains why your refund is existence held and lists the return years you need to file to get your refund released.

Response grade

When yous receive a CP88 discover, a response form volition be attached. You tin can use this form to tell the IRS nigh your unfiled returns and mail it back, or telephone call the cost free number in the upper correct corner of the find and speak with an agent directly.

Examples of responses y'all can make:

• No filing requirement—Utilise this caption if you weren't required to file for that twelvemonth, based on IRS criteria.
• Already filed—If you already filed the returns the IRS is concerned about, tell the IRS when and where the returns were filed. It isn't uncommon for returns to take more than 8 to 12 weeks to process, so if you filed within this time frame, information technology's possible that your returns were non in the IRS system when the CP88 notice was generated.
• Reason for filing late—If circumstances beyond your control prevent you lot from filing whatever outstanding return, let the IRS know. Examples of acceptable reasons for belatedly filing include loss of records, family unit issues, medical restrictions and required periods of absence from the United states. Depending on your circumstance, the IRS may be able to assist you lot get the documents and forms you need to go your returns prepared.

Release of refund

If the IRS keeps your refund considering of outstanding returns, the bureau volition release it either when the IRS receives your missing returns or later they accept your explanation that y'all aren't required to file for the years listed in your notice.

If yous do owe taxation on your unfiled returns, the IRS will use your refund toward those balances afterwards you file. If whatsoever refund remains, y'all'll receive the balance within a few weeks afterwards the tax on your previously unfiled returns is paid.

Remember, with TurboTax, we'll ask you uncomplicated questions about your life and aid you fill out all the right tax forms. With TurboTax yous tin can be confident your taxes are done right, from simple to complex tax returns, no affair what your situation.

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The above article is intended to provide generalized financial information designed to educate a broad segment of the public; information technology does not give personalized tax, investment, legal, or other business organization and professional communication. Before taking whatever action, y'all should e'er seek the assist of a professional who knows your particular state of affairs for advice on taxes, your investments, the police force, or any other business organisation and professional matters that bear on you and/or your concern.

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