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 Instructions for 1099 Misc 2018

Instructions for 1099 Misc 2018-2025 Form

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hey there youtube so in this video i wanted to talk about what happens when you receive an irs cp 180 notice right so cp 180 notice uh short and simple it's issued to you as a taxpayer if you file the tax return and you fail to include a required form or schedule that the irs was able to pick up on based on other information you submitted okay so most of these reviews do occur automatically so when the return is paper filed or electronically filed the system runs through the information that was submitted it kind of cross-checks it against third-party information and if they discover something that you missed then they send you this notice so in this example i have just one slide here one example of where you might get a cp 180 notice we have jack here he's a u.s citizen and he's living and working miami florida now jack's in miami and he decides to open a brokerage account and invest in some dividend-paying stocks right so during 2020 after he invested

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