Yes, late filing is a serious non-compliance issue. However, in most circumstances, the IRS gives a taxpayer multiple chances to file by sending notices to late filers. The IRS rarely prosecutes late filers who voluntarily and promptly file an accurate return
The IRS can also withhold your tax refund
If the IRS identifies that a taxpayer has an unfiled prior-year tax return (especially a return in which the IRS projects a balance owed), they can freeze your tax refund and request the taxpayer to file. The refund is held for 6 months while the IRS requests a filed return from the taxpayer. If no return is received, an assessment may be made through the Automated Substitute for Return (ASFR) program, and the refund applied to any balance due.
What happens if I miss the notice deadline to file my late return?
If you miss the deadline on any IRS delinquent return notices (IRS notices CP 59, CP 515, CP 518), you should contact the IRS by phone to get your status and obtain any special filing instructions/address to file the late return. You should also ask for an enforcement hold to allow for additional time to file without IRS enforcement actions (SFR filing, collection, etc.).
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