My return was reduced by 5000 because my child tax credit was written on the wrong line. what do i need to do to fix this. i already talked to IRS about this and thats what they told me.
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If the IRS did not offer to correct your return then you need to file an amended return.
TurboTax can guide you through this and has an option to connect to a Live Tax Expert if needed.
A CP12 Notice is issued when the IRS corrects one or more mistakes on your tax return, and a payment becomes an overpayment, or an original overpayment amount has changed.
-follow these links for additional information-
Understanding Your CP12 Notice | Internal Revenue Service
I received CP12 for Recovery Rebate Credit. How do I know what errors were found on taxes that were filed?
Read your notice carefully. For additional clarification, call the IRS at the number shown on your notice @rogeryesi. You can also check out the TurboTax Audit Center for help.
Below the Adjusted refund is an area showing what part of the tax return the IRS adjusted.
You will see more detailed info at:
Compare these against your original return.
See Understanding Your CP12 Notice
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