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Understanding Your CP01H NoticeInternal Revenue Service 2022

Alabama 2022-2025 Form

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Video instructions and help with filling out and completing Understanding Your CP01H NoticeInternal Revenue Service Form

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Instructions and help about alabama form 40 2016

okay so for this video i wanted to cover the irs cp 49 notice um who is it issued to why is it issued to you as a taxpayer and what do you need to do when you get this thing well if you've got this notice and you're watching this video you probably already know what happened right you were issued a cp-49 notice and the language on the notice says that the irs kept some of your tax refund right so why do they do that well the irs uh will keep some of your refund and issue you this notice if uh you have any outstanding prior year tax debts right so that's really what's going on here so if we look at an example here for john a little better illustrate this issue so john is a single filing taxpayer and he filed a 1040 for 2020 tax year okay so he had wages of 55k federal withholding of 8 000 but his total taxes for the year based on his marginal rate is going to be five thousand dollars so he's due a tax refund a three grand right and that's

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