IRS CP49 Tax Notice - Why Did the IRS Keep my Tax Refund?

If you receive a CP49 Notice from the IRS, the government decided to keep all or a portion of your tax refund.

The IRS will keep your tax refund dollars if the system shows that you still have outstanding tax liabilities with the federal government.

In this video, I go over a simple example where a taxpayer had prior year taxes owed and the IRS kept his tax return for the current period.

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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.