CP80 Form Received re 2020 taxes, and Re-Sending Of: What Is It, Please

Hello,

I just received a CP80 form for my 2020 taxes saying that I have a credit, but that I must send them a newly signed copy with copies of any documents sent with the original back in March 2020. Sure looks official

Huh ?

My reading of this is that they have lost my original Return, but if they have, how do they know I have a credit from it ? So it must be something else ?

Could someone please explain what they are asking, and why, from the form where it says: What you Need To Do Immediately- If you have already filed this return- Please send a newly signed copy to the address above. Be sure to attach copies of all schedules...

Much thanks, appreciate the help, Bob

Reply to
Robert11
Loading thread data ...

A CP80 Notice is issued when you have a credit balance on your tax account (proably withheld tax or estimated payments), not a credit shown on the return, but the IRS hasn't been able to calculate the tax to apply the credit against. Usually this means the IRS hasn't received your tax return, but since the COVID crisis began, it could also mean that the return is stuck in processing somewhere.

Since you mailed the return in March 2020, just as the COVID shutdowns began, it's possible that it got lost in the initial backlog of unopened mail when the IRS campuses closed. The solution is to do as the letter suggests, send a freshly signed copy of the return with all attachements to the address provided.

Ira Smilovitz, EA Leonia, NJ

Reply to
ira smilovitz

ira smilovitz snipped-for-privacy@gmail.com wrote in news: snipped-for-privacy@googlegroups.com:

My Dad (I handle his stuff) got one this week too. The credit reflected the check that was mailed with the paper return. Isn't this week the start of 2021 tax return processing? If so, I suspect IRS hit the button on their software which closed out 2020 so any returns still left auto-generated these CP80 letters.

scott s. ..

Reply to
scott s.

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.