@brownie3 wrote:
Thank you. I verified the calculations on the worksheet are correct. I also researched the treatment of how qualified dividends are handled. I am confident in how it was calculated, but the response from the representative surprised me. They are demanding payment, and the clock is ticking. I think my course of action is to send a check and write a letter disputing the notice.
For what tax year? If 2020 then the IRS will not send audit letters before late 2022.
Are you sure the letter is actually from the IRS? Goggle the return address on the letter to be sure it is the IRS.
If it is, then do not send a payment, just answer the letter and mail your dispute to the IRS address on the letter with the case number on your letter.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
