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When the IRS says you are "SOL," it refers to the "Statute of Limitations." This means that there is a time limit within which the IRS can assess additional taxes or initiate collection actions against you. Generally, the IRS has three years from the date you filed your return to audit it or pursue you for unpaid taxes. After this period, they cannot take legal action to collect the tax debt, assuming no fraudulent activity is involved.
What else can I help you with?
What does it mean when TurboTax says "accepted"?
When TurboTax says "accepted," it means that the IRS has received your tax return and has acknowledged it as valid for processing.
What should I do if TurboTax says my return has been accepted but the IRS says it is still processing?
If TurboTax says your return has been accepted but the IRS says it is still processing, you should wait for the IRS to complete their review. It is common for there to be a delay between when TurboTax accepts your return and when the IRS finishes processing it. If you do not receive any updates after a few weeks, you may consider contacting the IRS for more information.
What does sol mean in costa del sol?
Sol means "the sun" as in "Coast of the sun"
Meaning of Sol in Spanish?
Sol mean Sun in spanish
What does it mean when the IRS says there is a delay in processing your return?
In my experience, they tell you why when they notify you of the delay. Look for a toll-free number that you can call for more information.
What does hace sol mean?
'Hace sol' means "The weather is Sunny". 'Sol' means 'sun' in spanish, and 'hace' means 'it is'.
When will 2010 IRS Form 1065 Schedule K1 be available?
Th IRS says it will be available on February 1st 2011.
What does it mean when the IRS says there audit your refund?
An IRS audit is a review/examination of an organization's or individual's accounts and financial information to ensure information is being reported correctly, according to the tax laws, to verify the amount of tax reported is accurate.
What does IRS reference number 152 mean?
Irs mean check addres ok and how you fet return
Sunny in Spanish?
"Hay sol" is "there is sun" or "it is sunny." Sol can also mean sunny.
What does it mean when TurboTax says approved?
When TurboTax says "approved," it means that your tax return has been reviewed and accepted by the IRS or state tax agency. This indicates that your tax filing is complete and has been processed successfully.
What word in Latin means sun?
The Latin for sun is Sol, solis
