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Education
It should be ignored if you have not physically received any letter from the IRS. Also, you have already done the work of verification and confirmation you did include your interest income on your tax return. It could be an internal indicator.
Steps you can take if you choose:
- Check the Notice Number: Identify the specific notice code on your transcript (e.g., CP05, CP11, CP5071) to understand the exact cause, as shown on the IRS website.
- A Letter: If you do receive a letter you should respond immediately.
- Check Account Transcript: Review your IRS Account Transcript for specific Transaction Codes (TC) that explain the action taken, as explained on the Taxpayer Advocate Service website
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11 hours ago