The Internal Revenue Service sends millions of letters and notices to taxpayers every year. Here are eight things taxpayers should know about IRS notices - just in case one shows up in your mailbox.
-
First of all, don't panic. Many of these letters can be dealt with simply and painlessly.
-
The IRS might send you a notice for a number of reasons. They may request payment of taxes, notify you of changes to your account, or request additional information. The notice you receive normally covers a very specific issue about your account or tax return.
-
Each letter and notice offers specific instructions on how to satisfy the inquiry.
-
If you receive a correction notice, you should review the correspondence and compare it with the information on your return.
-
If you agree with the correction to your account, then usually no reply is necessary unless a payment is due or the notice directs otherwise.
-
If you do not agree with the correction the IRS made, it is important that you respond as requested. You should send a written explanation of why you disagree and include any documents and information you want the IRS to consider, along with the bottom tear-off portion of the notice. Mail the information to the IRS address shown in the upper-left-hand corner of the notice. Allow at least 30 days for a response.
-
Most correspondence can be handled without calling or visiting an IRS office. However, if you have questions, call the telephone number in the upper-right-hand corner of the notice. Have a copy of your tax return and the correspondence available when you call.
-
Be sure to keep copies of any correspondence.
If you get an IRS notice, follow these guidelines. If you need further guidance, just give us a call. We'll help you with next steps.
