What is a SFR? Should I accept it?

A SFR is the IRS's nickname for "Substitute for Return"

When a taxpayer fails to respond to the IRS's communications, or file his/her past due returns, the IRS uses information they have received from your employers and lending institutions, to estimate your tax liability, then files the SFR (Substitute for Return) as your legal tax return; so they can start the collection process.

Before the IRS prepares a Substitute Return for a taxpayer, they send out a letter called "Notice of Proposed Assessment"

The only way to undo a SFR is for a taxpayer to file his/her own tax return.

It should be noted, that when the IRS prepares an SFR (Substitute for Return) for you, they do NOT include tax deductions or credits that you may qualify for.

Not sure how you hear about the SFR, however, if you need to file your own past due returns, which is strongly suggested, then we can help you with past due returns. http://taxeswilltravel.com/pdr.htm