This notice is sent when data that the IRS received from 3rd parties indicates that you had income to report and failed to file a return to report it. The notice indicates your total tax liability without any deductions or credits and includes penalties and interest for failure to file, failure to pay, and, if applicable, failure to pay estimated tax.
If you want to challenge the notice, you must petition the U.S. Tax Court within 90 days (150 days if you live outside the U.S.). If you agree or disagree and have additional information for the IRS, you can complete Form 5564 that is included with the notice.
If you do not reply to the notice within 30 days, the additional taxes and penalties will be added to your tax record, a bill will be sent to you, and interest charges will begin to accrue. Learn more.
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