Receiving a letter from the IRS does not always indicate you are under audit. In most cases, notices are either a simple administrative matter or a request for additional information. The first step is always to read the notice. If your notice says that the IRS changed or corrected your tax return, review the information and compare it with your original return.

If you agree with the notice, you usually don’t need to reply unless it gives you other instructions or you need to make a payment. If you don’t agree with the notice, you need to respond. Write a letter that explains why you disagree, and include information and documents you want the IRS to consider. Mail your response with the contact stub at the bottom of the notice to the address on the contact stub. Allow at least 30 days for a response.

If your return was prepared by a professional, share a copy of the notice with them to see if they have any input into the scenario. Note that the IRS only sends letters and notices by mail. They will not contact people by email or social media to ask for personal or financial information. If you owe tax, you have several payment options. The IRS won’t demand that you pay a certain way, such as prepaid debit or credit card.

The information provided within this Taxfyle Blog does not constitute legal, tax, or financial advise. Before acting on any information in this Taxfyle Blog, you should consult your own accounting, tax, and legal advisors before engaging in any transaction. Tickmark, Inc. does not guarantee the accuracy or completeness of the information contained on these websites and accepts no responsibility for their use or content. The purpose of this blog is to promote broad consumer understanding and knowledge of various accounting, tax, and outsourcing topics. Any accounting, tax, legal, or business information contained on this website, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. No information provided on this website is intended as a substitute for discussions with professional advisors and we recommend that you seek professional advice before making any decisions or taking any actions. Reliance on any information appearing on this blog is solely at your own risk.

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