Partnerships and Practitioners Wrestle with New Outside Basis Reporting Requirement
The Final Word on Nondeductible Parking Expenses

IRS Statement About CP59 Notices

Earlier in February, the IRS issued notices to approximately 260,000 taxpayers stating they have not filed their 2019 federal tax return. These notices, referred to as CP59 notices, are issued yearly to identified taxpayers who have failed to file a tax return that was due the prior calendar year (tax year 2019).

Due to pandemic related shutdowns, the IRS has not completed processing all 2019 returns at this time. Therefore, the CP59 notices should not have been sent because some portion of the recipients may actually have filed a return that is still being processed. Taxpayers who filed their 2019 return but nevertheless received the CP59 notice can disregard the letter and do not need to take any action. There is no need to call or respond to the CP59 notice because the IRS continues to process 2019 tax returns as quickly as possible. The IRS regrets any confusion caused by this mailing.

The IRS encourages those who have yet to file their 2019 return to promptly do so.

 

 

Congressional letter to IRS Commissioner Rettig to cease mailing erroneous notices to taxpayers: 

COMMITTEE ON WAYS AND MEANS (house.gov)

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name is required. Email address will not be displayed with the comment.)