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Got a letter where the IRS changed form 1040 and proposed amount due is $11,157.00. what must I do? I don't owe this amount.
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Got a letter where the IRS changed form 1040 and proposed amount due is $11,157.00. what must I do? I don't owe this amount.
This sounds like a CP2000 notice. It usually means that there was an income item (usually reported on a W-2 or form 1099) that was not included on your return.
To respond to this letter, you need to do the following:
From IRS Understanding Your IRS CP2000:
What you need to do
Read your notice carefully—it explains the information we received and how it affects your tax return.
Complete the notice response form whether or not you agree or disagree with the notice, the response form explains what actions to take. (Your specific notice may not have a response form. In that case, the notice will have instructions on what to do).
Contact the business or person reporting the information, if it is wrong. Ask them to correct it, and then provide the corrected information to us.
Make sure your other returns don’t have the same mistake.
Contact us with any unanswered questions you have.
Keep a copy of the notice for your files.
Fill out section 3 (Authorization) on the response form to allow someone, in addition to yourself, to contact us concerning this notice. Or send us a Form 2848, Power of Attorney and Declaration of Representative to allow someone (such as an accountant) to contact us on your behalf.
Correct the copy of your tax return that you kept for your records.
Use this link to learn more about your payment options if you owe additional taxes.
- Use this link to learn more about Offers in Compromise if you can’t pay the full amount of taxes you...
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Got a letter where the IRS changed form 1040 and proposed amount due is $11,157.00. what must I do? I don't owe this amount.
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