Receiving a Letter from the IRS
If the IRS finds a problem with your tax return, you will receive a letter. When the IRS proposes a change to your tax return, you do not need to accept the change. Sometimes the IRS does make mistakes, one reason being many changes are computer generated. If you have questions about your IRS letter or feel that it might be wrong, give us a call. We can help. We deal with these every day and will know how to help you.
Below are some letters that you might receive from the IRS if they propose that you owe additional money:
Individual Filers –
CP 11 – The IRS has made changes to your tax return because of a miscalculation. They say you owe additional money, as well as penalties and interest.
CP 11A – The IRS has made changes related to the Earned Income Credit on your tax return because of a miscalculation. They say you owe additional money, as well as penalties and interest.
CP 11M – The IRS has made changes related to the Making Work Pay and Government Retiree Credit. They say you owe additional money, as well as penalties and interest.
CP 14 – The IRS says you owe money on unpaid taxes, as well as penalties and interest.
CP 21A/CP 22A – The IRS made changes that you requested for your tax return and you owe money, as well as penalties and interest, because of the changes.
CP 21E/CP 22E – The IRS made changes to your tax return because of your audit. They say you owe additional money, as well as penalties and interest.
CP 21I/CP 22I – The IRS made changes related to your IRA taxes on your tax return. They say you owe additional money, as well as penalties and interest.
CP 23 –The IRS found a discrepancy with the estimated tax payments that you have paid during the year with the estimated tax payments that you reported on your tax return. You may owe additional money, as well as penalties and interest.
CP 88 – The IRS says that you did not file a tax return from a previous year and must do so in order to collect a tax return refund from the current year.
CP 90 – The IRS says that they intend to levy your assets because of your tax debt, if you don’t respond within 30 days from the date of the notice. You can request a Collection Due Process Hearing within these 30 days. Call us immediately. Do not wait 30 days. If you wait, the IRS will take your money, your problem will grow larger and it will be more costly to fix.
CP 91 – The IRS says they intend to levy your Social Security benefits because of your tax debt, if you don’t respond within 30 days from the date of the notice. Call us immediately. Do not wait 30 days. If you wait, the IRS will take a portion of your benefits, your problem will grow larger and be more costly to fix.
CP 501 – The IRS says that you owe money on your taxes from a previous year. They may list their intended actions if you don’t respond within 10 days from the date of the notice.
CP 503 – This is a second notice that the IRS sends to reiterate CP 501.
CP 504 – This is the final notice that the IRS sends to remind you to pay your unpaid taxes. They will place levies on your property, which may include seizing your state income tax refund.
CP 521 – The IRS says that your installment agreement payment is due and that penalties, interest and fees will continue to accumulate until the debt is paid in full.
CP 523 – You have defaulted on your installment agreement that you set up with the IRS. They are terminating your installment agreement and seizing your property.
CP 2000 – The IRS says that the information provided to them by your employer, bank or other related payer, does not match the information that you provided to them on your tax return. After an audit, they are proposing changes that they intend to make on your return. You may owe additional money, as well as penalties and interest. If you disagree with the changes, call us. We can help. 810-245-0813