IRS Notice LT41: Unfiled Tax Returns and Substitute for Return (SFR) The IRS Notice LT41 means that the Internal Revenue Service (IRS) may contact others for information. This means that the IRS may contact third parties to obtain and/or verify information regarding your tax account. This type of notice falls under the “Late Return” category. [...]
IRS Letter LT39: Reminder of Overdue Taxes and Refund Offset The Internal Revenue Service (IRS) is required by law to remind United States taxpayers in writing about their overdue tax. The IRS Letter LT39 is a “Reminder of Overdue Taxes, Offset of Overpayment”. This simply means that a refund on the current year tax return [...]
IRS Notice CP39: What It Means and What to Do Next IRS Notice CP39 is a notice sent by the IRS to inform you that your present or former spouse’s refund has been taken and used to apply to other taxes. For some people, this notice is their first hint that a tax debt existed. [...]
IRS Notice LT24: Understanding Your Payment Plan Request If the IRS sends you this notice, it means that they received your payment proposal to pay the taxes that you owe; however, they need more information about your financial situation. The information required is income and expenses related. This type of notice also falls under the [...]
Why did I receive the IRS CP23 Notice? CP23 notice is a familiar form letter sent to taxpayers by the IRS. They usually include a balance that is due to the IRS. In a confused state, the client gets in touch with a tax professional to understand why they may have received this notice. A [...]
IRS Notice CP22I: Changes to IRA Taxes and Amount Due IRS Notice CP22I simply means that the IRS has made changes to your tax return for the tax year listed on the notice for your Individual Retirement Arrangement (IRA) taxes, and you owe money to the IRS as a result. The IRS will explain why [...]
IRS Notice CP22H: Shared Responsibility Payment Balance Due IRS Notice CP22H – Adjustment to Your Shared Responsibility Payment means that the IRS made the changes you requested to your tax return for the tax year on the notice, which also changed your shared responsibility payment. In making an adjustment to your Shared Responsibility Payment, it [...]
IRS Notice CP22E: Understanding Audit Changes and Tax Balances An IRS notice CP22E is a notice you receive from the IRS due to a recent audit on your tax return and it states that you owe a balance and the value of said balance. The IRS is saying that you were audited by them, changes [...]
Why did I receive the IRS Notice CP22A?This simply indicates that the IRS has adjusted your tax refund, which may increase or decrease your tax liability. Receiving a CP22A is due to any incorrect information, income not reported, mathematical errors, or changes made by the IRS during the processing of your tax returns. What Is an [...]
IRS Notice CP21I: Why You Received It and What to Do Next Why did I receive a CP21I Notice from the IRS? Receiving a CP21I Notice from the IRS usually means that due to a recently conducted tax audit, the IRS has made certain adjustments to the tax return stated in the notice relating to [...]
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