Taxes, accounts, rules, and payments: letters from the IRS are often unexpected. Although many notices are sent to request a payment, they are also sent for a variety of other reasons as well. Specific issues concerning your account, a correction to your return, a change to your account, or just additional information are all common reasons the IRS is contacting you. Follow these instructions to stay in the clear:
(Please note: the IRS does NOT initiate contact with taxpayers by email to request personal or financial information. This includes any type of electronic communication, such as text messages and social media channels. To find out how to report these phishing emails click here: http://www.irs.gov/uac/Report-Phishing)
1. When dealing with an unexpected notice, the first rule of thumb is this: don’t panic! The letter will include instructions for you to follow, and you can get help (see below) if you have further questions.
2. Read the notice carefully, and compare the information in the notice to your tax return if applicable. Usually you will not need to call the IRS in response to the notice.
3. If you receive a correction to your tax return, no response is typically necessary if you agree with the correction. If you disagree with the correction, you will need to respond in writing, attach any documentation/info you would like the IRS to consider, include the bottom tear-off portion of the notice, and follow any other special instructions on the notice. The IRS will typically respond within 30 days.
4. Be sure to maintain good records of any correspondence and store these copies with your tax return.
5. Still have more questions? Go to the IRS website Understanding your IRS Notice (http://www.irs.gov/Individuals/Understanding-Your-IRS-Notice-or-Letter?utm_medium=email&utm_source=govdelivery). Alternatively, you can call the number in the top right-hand corner of the notice. (Be sure to have a copy of your tax return and the notice handy if you call.)
For more information about IRS notices and requests for payment, see Publication 594, The IRS Collection Process. For information about penalties and interest charges, see Publication 17, Your Federal Income Tax for Individuals. Both are available at IRS.gov or by calling 800-TAX-FORM (800-829-3676).
