Received a CP63?

What Does a CP63 Notice Look Like?

A CP63 notice comes in a letter from the IRS. Here’s what to look for:

• Notice Code: CP63 will be prominently displayed at the top.
• Sender: It’s from the IRS—always something to take seriously.
• Key Details: The letter will list the tax years in question, instructions on what to do next, and any penalties for not responding. You’ll also find contact information if you need help.

What Does It Mean?

The CP63 notice is the IRS’s way of saying you haven’t filed one or more tax returns, and they’re holding your refund until you take action. It’s like a warning light on your dashboard—you can’t ignore it and hope it goes away.

What Happens If You Ignore It?

Letting a CP63 notice slide can lead to serious consequences:

• Delayed Refund: Your refund will stay on hold until you respond.
• Penalties and Interest: Ignoring the notice could lead to more penalties and interest, adding to what you already owe.
• Legal Action: In extreme cases, the IRS may escalate the situation, potentially involving collections or even legal proceedings.

What Should You Do Next?

Here’s how to tackle the CP63 notice step-by-step:

1. Review the Notice: Identify the tax years mentioned and note any required actions.
2. Gather Documents: Collect any relevant tax returns, W-2s, and income statements for those years.
3. File Missing Returns: If you haven’t filed, now’s the time. Make sure everything is accurate.
4. Explain Late Filing: If you’re filing late, include a reasonable explanation for the delay.
5. Submit Your Documents: Send your tax returns and any supporting paperwork to the IRS. Keep copies for yourself.
6. Wait for a Response: The IRS will follow up, so keep an eye on your mail for any updates.

How Long Do You Have?

The IRS typically gives you 30 days from the date of the notice to take action. Missing this deadline could lead to penalties and further complications. Bottom line? Act quickly.

Let Stellar Help You

Dealing with the IRS can be stressful—why go through it alone? At Stellar, we specialize in resolving tax issues like CP63 notices. Our team will walk you through every step, making sure you meet IRS requirements and avoid unnecessary penalties. Don’t risk missing your refund or facing penalties. Book a call with Stellar now and let us handle the IRS for you. Secure your peace of mind today!

Final Thoughts

The CP63 notice is serious and requires immediate attention. Taking action now can help you resolve your filing issues and minimize any penalties. Don’t wait—consulting with professionals, like our experts at Stellar, can save you time and stress.