Unfiled Returns: Get Back in Compliance

Years of unfiled returns? Start with what the IRS already has on file for you. This is a free guide from Sabih Shafi, EA, an Enrolled Agent.

• Start with what the IRS has: pull your Wage & Income transcript for every year you have not filed.

• If the IRS already filed for you, an SFR overstates tax.

• Why an SFR runs high: the inflation comes from missing basis on 1099-B sales, business expenses, itemized deductions, dependents, and filing status.

General information, not tax advice. Your facts decide the outcome. Questions? Call (323) 900-0305.