Dependent son received CP2000 for mutual fund distrubutions we failed to report on our 2015 return. Who needs to amend returns?

[randalljamesgord]

Son can't locate his 2015 return he filed for refund of part time jobs and we'll need to apply for payment plan on $4000 due.

[TomD8 · Accepted solution]

If the information in the CP2000 letter is correct, you don't have to amend the return (unless you have other reasons to do so.)  Just follow the instructions in the letter, sign and return the response page.

You can apply for an installment plan here:  https://www.irs.gov/individuals/online-payment-agreement-application

[randalljamesgord]

Thank you. Since CP2000 came in his name but I'll be setting up installment plan and making payments, who needs to complete form 9465? Can I assume the responsibility?

[TomD8]

The identifying information in Box 1a of Form 9465 should be that of the taxpayer, so that the payments are credited properly.