When did the IRS accept returns in 2020?
WASHINGTON ― The Internal Revenue Service confirmed that the nation’s tax season will start for individual tax return filers on Monday, January 27, 2020, when the tax agency will begin accepting and processing 2019 tax year returns.
What is the penalty for not doing your taxes?
The penalty for not filing your taxes on time is 5% of your unpaid taxes for each month that the return is late, maxing out at 25%. For every month you fail to pay, the IRS will charge you 0.5%, up to 25%. For any month that you owe both penalties, the failure to file amount is reduced by the failure to pay amount.
Are you required to file a federal tax return?
Generally, if your total income for the year doesn’t exceed certain thresholds, then you don’t need to file a federal tax return. The amount of income that you can earn before you are required to file a tax return also depends on the type of income, your age and your filing status.
Are there fake IRS letters?
Letter Identification Real IRS letters have either a notice number (CP) or letter number (LTR) on either the top or bottom right-hand corner of the letter. If there’s no notice number or letter, it’s likely that the letter is fraudulent. It’s recommended you call the IRS at 800-829-1040.
Would the IRS call me about suspicious activity?
What to do if you receive an IRS scam call or a fraudulent tax refund. Never return a phone call from someone claiming to be with the IRS. Instead, individuals should call the IRS directly at 800-829-1040, and businesses should call 800-829-4933.
Does the IRS answer the phone?
The IRS telephone number is 1-800-829-1040, and they are available from 7 a.m. – 7 p.m. local time, Monday thru Friday.
How do I report a suspicious phone call?
Report telephone scams online to the Federal Trade Commission. You can also call 1-877-382-4357. The FTC is the primary government agency that collects scam complaints. Report all robocalls and unwanted telemarketing calls to the Do Not Call Registry.
Can I call IRS to ask about refund?
You may call us toll-free at 800-829-1040, M – F, 7 a.m. – 7 p.m.