Decoding Your IRS Notice
Think of your IRS notice as a roadmap. It's designed to guide you through any potential issues with your taxes. Here's the lowdown on how to navigate it:
Read Carefully: Your notice will clearly state the reason for the contact. It might be a simple request for more information, or it could involve changes to your tax return.
Follow Instructions: The notice will outline the specific actions you need to take. This could involve sending documents, making a payment, or simply reviewing the information we've provided.
Give it Time: Please allow at least 30 days for the IRS to respond.
Payment Guidance: Owe a balance? The notice details how to send your payment.
Refund Info: Expect your refund within 6 weeks of the notice date, assuming you don't owe any other tax or debts.
What if I Disagree?
It's okay if you don't agree with the notice! Here's what to do:
Respond Promptly: Don't delay! Respond as instructed in the notice. Explain why you disagree, and include any relevant documents that support your case.
Keep a Copy: Always keep a copy of the notice and your response for your tax records.
Proof of Payment
If you paid but didn't get credit, here's how to prove it:
Check Payment: Send a copy of the front and back of your canceled check.
Money Order Payment: Get a copy of the front and back of the canceled money order from where you purchased it.
EFTPS Payment: For Electronic Federal Tax Payment System, send a copy of the transaction, including the confirmation number.
Important: Never send original documents!
Specific Situations
Lost or Stolen Refund Check: The notice will tell you what to do.
Notice CP2000: See Topic no. 652 for guidance.
Estimated Tax Payments: Review your calculations and adjust payments if needed, especially if we've made changes to your return. If you make quarterly estimated tax payments, please review your computation. You may need to make changes to the amount of your payments based on the changes we made.
Where to Send Your Response
Each notice tells you exactly where to send your reply. All notices should tell you where to send your response. Be sure to send it to the correct address to avoid delays.
Key Takeaway
Most correspondence can be handled without calling or visiting an IRS office if you follow the instructions in your letter or notice. By understanding your IRS notice and following the instructions, you can resolve most issues quickly and efficiently.