I obtained copies of my Account Transcripts using the IRS "Get Transcripts" program, and I see the notations "Substitute tax return prepared by IRS" and "Tax return filed." Does that mean the IRS filed my tax return for me? Can they do that?
If you fail to file a federal income tax return and the IRS has income information from other sources, such as W-2s and 1099s, the IRS may prepare a "bare bones" tax return as a basis for making a tax assessment against you, with penalties and interest, of course. The Substitute For Return ("SFR") allows only the standard deduction, one exemption, and single or married-filing-separately filing…
Whereas I used to cower in fear at the thought of having to deal with my tax issues, I actually began to look forward to each step because I knew I was in capable hands and Joe always put me at ease.