The IRS has recently issued over 260,000 taxpayers notices (CP59) stating they have not filed their 2019 individual return. Due to ongoing pandemic issues and major delays within the IRS, the IRS has not completed processing all of the 2019  tax returns that have been sent in. Therefore, the CP59 notices should not have been sent because some of the recipients have filed a return, but it is still waiting to be processed.

Taxpayers who have filed their 2019 returns, but still received a CP59 notice can disregard the letter and do not need to take any action.

Please contact your Somerset advisor at 317.472.2200 or with any questions.