 Eight Tips for Taxpayers Who Receive an IRS Notice
If you receive a notice from the Internal Revenue Service, don't be alarmed. The IRS sends millions of notices every year.
Here are eight things you should know if you receive one: - Don't panic: Many of these letters can be dealt with very simply.
- There are many reasons for IRS notices: The notice may be a request for payment of taxes, to notify you of a change to your account, or a request for additional information. Any notice you receive normally covers a very specific issue about your account or tax return.
- Read the instructions: Each letter and notice offers specific instructions on what you need to do to satisfy the inquiry.
- Make a comparison: If you receive a notice about a correction to your tax return, you should review the correspondence and compare it with the information on your return.
- There may be no need to reply: If you agree with the correction to your account, usually no reply is necessary unless a payment is due.
- Respond quickly: If you do not agree with the correction that the IRS has made, it is important that you respond as requested. Respond in writing using the forms provided with the notice and mail it with any support documents. Allow at least 30 days for a response from the IRS.
- You can call if needed: Most correspondence can be handled without calling or visiting an IRS office. However if you have any questions, call the telephone number in the upper right corner of the notice. Have the notice and a copy of your tax return available during the call.
- Keep copies: Keep copies of any correspondence with your tax records.
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