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IRS Notice CP23 Return Error

The IRS uses Notice CP23 to inform you of changes to your return because of an error in estimated tax payments and you have a balance due.

 

At a minimum, review your payments to the IRS and see if you agree. The IRS may have misplaced or misdirected some of the payments.

 

The CP 2000 is not a bill and nor an audit. It is a proposed adjustment due to a missing estimated payments.   Sometimes the information supplied to the IRS is in error.

 

Informs you of changes to your return because of an error in estimated tax payments and you have a balance due

 

 

 

 

 

 

 

 

 

 

IRS Notice CP23 Return Error

The IRS uses Notice CP23 to inform you of changes to your return because of an error in estimated tax payments and you have a balance due.

At a minimum, review your payments to the IRS and see if you agree. The IRS may have misplaced or misdirected some of the payments.

The CP 2000 is not a bill and nor an audit. It is a proposed adjustment due to a missing estimated payments.   Sometimes the information supplied to the IRS is in error.

The IRS could still audit you as a result of your response.

Be extremely careful in how you respond.  The information supplied can either make matters better or extremely worse.  You are supplying information that will be review by a Compliance Officer.  That person’s job is to verify that the information supplied resolves the outstanding issues listed on the CP 23.  The Compliance Officer can easily make an audit referral if he or she believes the information creates more concerns than it explains.

The usual method of handling a Notice CP23 is to either: 1) respond in writing to the IRS at the address listed on the notice, or 2) file an amended return addressing the items questioned by the IRS in the Notice CP 23.

We typically file an amended return since that initiates a process the IRS must follow.  Letters, are often misinterpreted or lost by the IRS.  Warning- filing an amended return starts new limitations periods for audits, collections, bankruptcy, etc. So carefully weigh your options!

 

 

Know Up To 1 Year In Advance You Missed Income On Your Return, With Audit Alarm Real-Time Monitoring

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

What is my first step?

If you received a letter or notice, a decision has to be made.  Do you feel confident to handle this situation on your own?  If it is a simple issue and you already know the answer, call or write them. If the issue is more complicated, you need to hire a Certified Tax Resolution Specialist. The IRS or State will take full advantage of your lack of knowledge and experience.

What is Your Next Step?

The next step is to determine if the notice was sent in error.  Do you have an outstanding tax liability?  Do you have unfiled or incomplete returns?

Is There a Time Limit?

Yes, each letter or notice from the IRS or State will indicate a date that you MUST to contact them by.  If you need more time, call the number on the notice or letter and request an extension.  DO NOT ALLOW the time to expire without contacting them or hiring a representative to contact them for you.

What You Don’t Want to Do!

What you don’t want to do is nothing.  Your tax problems will only get worse if you ignore them.  If you cannot pay, there are a number of potential solutions available to those who are otherwise in compliance.  In compliance means having all tax returns filed and any balances paid or on a payment plan.  If you have outstanding debts or unfiled returns, you need to get hire a Certified Tax Resolution Specialist.

Get Some Help

If you don’t know how to address the issue(s), have unfiled return/unpaid balances or just done feel confident, let the experts at Legacy Tax & Resolution Services represent you.  Work with our team of Certified Tax Resolution Specialists to resolve your issue(s) quickly.  Best of all, you don’t have to talk to the IRS or State; we can speak on your behalf.

Stop the stress and resolve your problems Call 800-829-7483 TODAY

 

Download our Special Report “ I Just Received an IRS Notice, What Do I Need To Know?”

In it you will find next steps, dos and don’t and information about your options

 

 

 

 

 

 

 

 

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Stop the stress and resolve your problems!

 

Call 800-829-7483 for a FREE Consultation

 

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Ask a Question via e-mail

 

Also See

Can I Go To Jail For Owing Taxes?

Why Shouldn’t  I Just Use my Own CPA or Attorney to Help Me With This Tax Problem?

What is an Offer in Compromise in a nutshell?

I have Let This Get Out of Control.  How Soon Could You Start Working On My Behalf?

How are you compensated?

Several Tax Resolution Companies have called Me! Why Should I Hire Legacy Tax % Resolution Services?

Do I Need Local Tax Representation?

How Do I Know If My Situation Qualifies to Have my Tax Bill Reduced?

How Long Does the IRS Have to Collect Back Taxes From Me?

I Have a Deadline With the IRS (or State) Right Around the Corner.  Is It Too Late for Legacy Tax & Resolution Services to Help?

 

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