IRS Letter 1085 – Proposed Assessment
The IRS has prepared an unfiled tax return on behalf of the business and proposed taxes due.
Type of Notice: Late return
Most common tax problem area: Business unfiled returns
Why you received IRS Letter 1085
- You did not file a tax return for a tax period in which the IRS believes you have a filing requirement.
- The IRS determined a return should be filed and based on information in their system, prepared a return.
- The IRS sends Letter 1085 to notify you they have prepared a tax return on behalf of your business for the tax period on the notice. You have the option to agree to the return as prepared by the IRS, to file an original return or to contact the IRS with additional information.
Your options to address IRS Letter 1085
- File a return
- Clear up an account error
- Dispute the penalties
- Make arrangements to pay
Notice deadline: 30 days
If you miss the deadline: The IRS will process the attached return and send you a bill for the taxes, penalties and interest.
Want more help?
See your local tax pro for a free consultation.
If you don't file a required tax return, the IRS may prepare a substitute for return (SFR) for you. Read the IRS definition and more from H&R Block.
Learn what the IRS is looking for during a business tax audit, the steps you should take to prepare for an IRS audit, and when it's best to get expert help.
Get the facts about employment-related tax identity theft, which happens when someone uses your information to get a job and report income under your name.
This letter was sent to inform you that the IRS is closing your case.Learn more about letter 1802C and how to handle it with help from H&R Block.