Tax Dictionary – IRC 6020(b)
Internal Revenue Code section 6020(b) is the authority given to the Commissioner of the Internal Revenue Service to prepare and process returns for non-filing business taxpayers.
More from H&R Block
Under IRC 6020(b), the IRS has the authority to prepare a return on behalf of a business that has not filed a required return. The IRS sends letter 1085 or 1616 to the business to inform them that the IRS has prepared a return on their behalf, commonly called a substitute for return (SFR). If you agree with the return the IRS prepared, you can just sign the return attached to the notice and send it back to the IRS. If you disagree with the return prepared by the IRS, you can still file a return, but you must do so within 30 days or the IRS will process the return they prepared and send a bill for the taxes due.
Get the facts from H&R Block about innocent spouse relief, which relieves one spouse from the responsibility of additional taxes owed on a joint return.
Get the facts about the IRS penalty for filing late, and what to do if you get a late-filing penalty. Get the IRS definition and more from H&R Block.
Learn more about notice CP31, why you received it, and how to handle an IRS CP31 notice with help from the tax experts at H&R Block.
You may be eligible for an additional child tax credit. Learn more about notice CP08 and how to handle it with help from the tax experts at H&R Block.