Employment-related identity theft Internal Revenue Service

cp2000 notice

Don’t file an amended return (Form 1040-X) for the tax year shown on page one of your notice. Once we receive your response, we’ll make the corrections for you. If you notice the same type of error occurring in another tax year, file an amended return for that year to prevent or reduce the accrual of penalties. You get the notice, then either pay or send in documents that support your original tax return.

  • If you fax the information, include your name and Social Security number or Taxpayer Identification Number on each page.
  • Our computer systems match the information you report on your tax return to information reported by employers, banks, and other businesses.
  • No, the notice is a proposal and informs you of a discrepancy between the information we received, and the information reported on your tax return.
  • Not everyone does, but if you do qualify this often is the best option to resolve your tax debt.
  • Call volumes may be high, and it could take some time to reach a representative.
  • If they leave off income from a spouse’s job, interest from a savings account, or a 1099 from some freelance work, the IRS wonders why it wasn’t reported by the taxpayer.

The cp2000 notices are computer generated and automatically sent out to the taxpayer. Call volumes may be high, and it could take some time to reach a representative. We can generally accept your information over the phone for incorrectly reported information. The notice response form has instructions on what to do if the information is incorrect. Provide a signed statement explaining why you disagree and supply any documentation or missing forms to support your statement. The other possible outcome to resolve the CP2000 Notice is the IRS making your requested changes to your tax return.

Submitting Power of Attorney

A CP2000 notice is an Underreporter Inquiry that gets issued when the filed tax return does not resemble income information reported to the IRS by third parties. Most often a CP2000 is triggered by a 1099 or W2 that was reported to the IRS, but which you did not include in your tax return. No, the notice is a proposal and informs you of a discrepancy between the information we received, and the information reported on your tax return. If the discrepancy remains unresolved, or we don’t receive a response to the notice, you may receive a subsequent notice and a bill at a later date. We received information from a third party, such as employers or financial institutions, which doesn’t match the information you reported on your tax return.

  • The CP2000 Notice is a document the IRS sends to let you know they found discrepancies in your tax return.
  • There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
  • Normally, you can get up to 30 additional days to respond to the CP2000 notice.
  • This discrepancy may cause an increase or decrease in your tax or may not change it at all.

The income or payment information we received from third parties, such as employers or financial institutions, doesn’t match the information you reported on your tax return. This discrepancy may cause an increase or decrease in your tax or may not change it at all. The notice explains what information we used to determine the proposed changes to your tax return. The notice is sent out by the IRS to taxpayers whenever the IRS computers note a mismatch between the income records they have from a third party and what has been reported on someone’s tax return. It can also refer to certain credits or deductions that don’t match up against the information they have.

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