IRS letter CP23

[jdclakr]

Received CP23 stating I had overstated amount withheld. Their difference matched the amount withheld on a 1099-R that was included in the Turbotax calculations. The amount requested by IRS, also included a penalty (not withholding sufficiently though the year) that was also included in the Turbotax estimate of taxes owed. Where do I start? As a side note, I have just received a refund for the California Franchis TAx Board.

[Bsch4477]

TurboTax can’t help you. Read the letter from the IRS carefully and follow any directions given. 

[LenaH]

Click here for more information about your CP23 notice. If the IRS is stating your amount withheld was overstated, but it was withheld as per your 1099-R, then contact the IRS using the phone number on your notice. 

@jdclakr