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Returning Member
posted Jul 13, 2021 2:11:30 PM

irs notice cp14

i have recieved a notice of taxes due in 2020. i filed my return in feb. and owed taxes and had scheduled payment thru my bank. then the $10200 unemployment credit was passed and i stopped payment to the irs on the date scheduled, because i knew there would be a good chance the unemployment credit might result in a refund instead of owing.i did my taxes on turbotax and the summary page for both the federal and the state of michigan show a tax owed but when i printed the 1040s for each, both said i was owed a refund.  i know after the law was passed turbotax was instructing early filers not to amend their returns but i"m now receiving letters from the irs saying i owed the original amount calculated plus interest penalties. what is my best option, see if they come thru with a refund, or pay the original amount plus interest and hope they figure it out.

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1 Replies
Level 15
Jul 13, 2021 3:08:35 PM

That is happening a lot this year due to the extra long time the IRS is taking to process the corrected returns ... so if you are sure you will NOT owe when the changes are made then you can either ignore the notice  OR  call/write back and alert them to this situation.  Just don't worry as it will all come out in the wash in the end.