IRS Notice CP2566R Explained: Your Refund Is at Risk. Here's What to Do.

Received IRS Notice CP2566R? The IRS is holding your refund and has calculated a proposed tax bill for a return it says you haven’t filed. Before you agree to that amount—or ignore the notice—understand what’s at stake. 📞 Call 866-8000-TAX to book a free consultation with Choice Tax Relief. 📅 Book your free consultation online: https://choicetaxrelief.com/free-back... CP2566R follows earlier notices about missing tax returns. The IRS has used income information reported by employers, financial institutions, and others to calculate tax, penalties, and interest. Without a response, it may apply some or all of your held refund toward that tax debt. But the IRS’s proposed amount is not necessarily what you would owe after filing an accurate return. Its calculation may leave out deductions or credits you qualify for. Before accepting the proposed balance, review the notice carefully, pay attention to its response deadline, and understand your options. Have unfiled returns or back taxes you don’t know how to handle? My team at Choice Tax Relief helps taxpayers address missing returns and evaluate options for resolving IRS and state tax problems. Call us or book a free consultation using the link above. This video is for general educational purposes and is not individualized tax or legal advice. #CP2566R #IRSNotice #UnfiledTaxReturns