Downsides of a Substitute for Return
No Credits, Exemptions, or Deductions
More Scrutiny from the IRS
You Still May Have to File
Penalties and Fees
5 Ways to Avoid or Resolve a Substitute for Return
1. File Your Tax Return by the Deadline
2. File a Delinquent Return
3. Contest the Amount
4. Respond to Initial IRS Notices
5. Communicate Special Considerations
Contact a Tax Expert with Questions about Substitute for Returns
The experienced team at Silver Tax Group is here to help you with any tax-related issues you may be facing. This includes SFRs, IRS notices, delinquent tax returns, tax audits, and many other situations. You never want to take a wrong step or fail to respond to the IRS in a timely manner when something goes wrong, but before you do, a tax attorney can help you know exactly how to proceed.
Reach out to Silver Tax Group to speak to a tax expert about SFRs or delinquent tax returns.