IRS Letters: Understand What Your IRS Notice Means & What to Do
Letters from the IRS describe why they are contacting you and include guidance on how to handle the issue. The IRS usually sends out letters or notices if:
- The IRS requires additional information regarding your tax return
- There was an error or omission on your tax return, and an additional tax payment is required
- There was an error, and you are owed a greater refund
The IRS assigns a number to every notice that leaves their office. Some notices come with a CP designation, which is at the top or the first page of the notice. A typical notice or letter will require some action on your part. After reviewing the information provided by the IRS, it is essential to compare the information received from the IRS to the information that you provided to them during the period in question. If there is a discrepancy, then this should be brought to their attention. When an error has been made and additional payment is required direct correspondence and payment can be submitted directly to the address on the notice.
Some of the more common letters from the IRS include:
This notice is used to notify the taxpayer that the IRS is holding their tax refund because they have unfiled tax returns for a different year.
This is the first notice that you will receive from the IRS if you have an overdue account.
If the amount is not paid in full this is the 3rd and final notice before the IRS gets serious and start searching for assets to levy.
If you have not paid the balance of your account you will receive a second notice.
If you have not paid the balance of your account you will receive a second notice.
This notice is used to notify the taxpayer that the IRS is holding their tax refund because they have unfiled tax returns for a different year.
This is the first notice that you will receive from the IRS if you have an overdue account.
If the amount is not paid in full this is the 3rd and final notice before the IRS gets serious and start searching for assets to levy.
If you have not paid the balance of your account you will receive a second notice.
If you have not paid the balance of your account you will receive a second notice.
Common tax debt relief filings and forms. Tax Payment Options/IRS Installment Agreements
- Best option if you owe $10K or less
- IRS Form 9465 Installment Agreement Request
- Best option if you owe $10K or less
- IRS Form 9465 Installment Agreement Request
- Best option if you owe $10K or less
- IRS Form 9465 Installment Agreement Request
- Appropriate Form 433: IRS Form 433-A or IRS Form 433-F: Collection Information Statement for Wage Earners and Self-Employed Individuals or IRS Form 433-B: Collection Information Statement for Businesses
- IRS Form 9465 Installment Agreement Request
- Appropriate Form 433: IRS Form 433-A or IRS Form 433-F: Collection Information Statement for Wage Earners and Self-Employed Individuals or IRS Form 433-B: Collection Information Statement for Businesses
- IRS Form 9465 Installment Agreement Request
- Appropriate Form 433: IRS Form 433-A or IRS Form 433-F: Collection Information Statement for Wage Earners and Self-Employed Individuals or IRS Form 433-B: Collection Information Statement for Businesses
- Best option if you owe $10K or less
- IRS Form 9465 Installment Agreement Request
- Best option if you owe $10K or less
- IRS Form 9465 Installment Agreement Request
- Best option if you owe $10K or less
- IRS Form 9465 Installment Agreement Request
- Appropriate Form 433: IRS Form 433-A or IRS Form 433-F: Collection Information Statement for Wage Earners and Self-Employed Individuals or IRS Form 433-B: Collection Information Statement for Businesses
- IRS Form 9465 Installment Agreement Request
- Appropriate Form 433: IRS Form 433-A or IRS Form 433-F: Collection Information Statement for Wage Earners and Self-Employed Individuals or IRS Form 433-B: Collection Information Statement for Businesses
- IRS Form 9465 Installment Agreement Request
- Appropriate Form 433: IRS Form 433-A or IRS Form 433-F: Collection Information Statement for Wage Earners and Self-Employed Individuals or IRS Form 433-B: Collection Information Statement for Businesses
Going up against the IRS can be intimidating, which is why we’ve compiled our best tips in this free resource to help Americans protect themselves. Download the 7 Secrets today!
Going up against the IRS can be intimidating, which is why we’ve compiled our best tips in this free resource to help Americans protect themselves. Download the 7 Secrets today!
Contact Reliable Tax Defense today for personable and effective tax relief services. Your initial consultation is free!