Your CP12 will be about something you included on your tax return. It also states on the letter you can address it during next years filing season if you are past the 60 days. If you dont contact IRS within the 60-day period, changes made to reduce your refund will not be reversed. Did you get a notice from the IRS and want quick answers? If you have questions about the changes that were made, you can call the IRS number listed on your notice. condition of purchase. If you receive interest, you will see a note on your check labeled INT Amount. The interest may be paid separately from your refund. a cell phone number, or a number later converted to a cell, I agree that Jackson For additional clarification, call us at the number shown on your notice. You filed a tax return with the IRS. There were NO changes. Know how we can help improve the tax process or better meet your needs? "It's a serious thing don't ignore it like. @font-face{font-family:'Circular-Bold';src:url("https://assets.avvo.com/avvo-ui/0.20.5/fonts/avvo_ui/circular/circular_bold.woff") format("woff")}.avvo-badge .st0{fill:#153860 !important}.avvo-badge .st1{fill:#010101 !important}.avvo-badge .st2{fill:#15467A !important}.avvo-badge .st3{fill:#FFFFFF !important}.avvo-badge .st4{fill:none !important}.avvo-badge .st5{fill:#F89838 !important}.avvo-badge .st6{fill:#ED514C !important}.avvo-badge .st7{font-family:'Circular-Bold', Avenir Next, Avenir, Century Gothic, sans-serif !important;font-weight:bold !important}.avvo-badge .st8{font-size:20px !important}.avvo-badge .st9{letter-spacing:-1px !important}.avvo-badge .st10{font-family:'Circular-Bold', Avenir Next, Avenir, Century Gothic, sans-serif !important;font-size:14px}.avvo-badge .st11{font-size:65px !important}.avvo-badge .st12{text-anchor:middle !important}.avvo-badge .st13{fill:#969696 !important}.avvo-badge .st14{display:none !important} I received this on November 22, 2021. Monday is generally the busiest day of the week on the phones, so start trying tomorrow or Wednesday, as close to 7am local time as you can. Oh no! 110 Can I submitted documentation online, do I have to mail it? The IRS has audited your return and summarized the adjustments via this letter. Consult IRS Publication 505, Tax Withholding and Estimated Tax, for a good overview discussion on how to calculate withholding and estimated tax. The IRS will generally automatically reverse the changes if you contact them. June 10, 2020. Preparer tax identification number or personal identification number; Third parties calling for a deceased taxpayer. Payroll taxes Electronically filed returns are less likely to have math errors resulting in notices such as this one. Or is this what my new 2021 tax refund will be? However, while Notice CP11 alerts you that you owe additional tax or that your refund has been reduced, CP12 has the opposite effect. You can also use the IRS Wheres My Refund tool or call the IRS. State View our interactive tax map to see where you are in the tax process. One, when it corrects a mistake on your tax return that results in a different tax refund amount from what you calculated. Consider filing your taxes electronically. Use this simple worksheet to determine if your Social Security Benefits may be taxable income. For example, if their refund was $500, but the IRS adjusted the second stimulus of $600 they claimed, this would have resulted in a total tax liability of $100. You made one or more mistakes on your tax return and the IRS has corrected them resulting in you paying too much on your taxes. telephone Professional tax relief services help you resolve tax debtand regain control of your finances. You may receive Letter 2645C if they expect to take longer. You can also write a response letter explaining why you should have been eligible for the rebate so the IRS should not change your return. No explanation. The IRSs job is to make sure your taxes are right not to take as much money as possible. Follow the instructions on the letter to rectify any changes or confirm any details the IRS is requesting as soon as possible. If you cant find what you need online, call the IRS number at the top of your notice or letter. Call the toll-free customer service number in the CP12. It should say something like changed your filing status or removed tax credit. If you want to check the math, go back to your tax filing software and make the same change as the IRS to see what it does (dont re-file). [deleted] 1 yr. ago. The CP12 notice is actually good news because it means you are getting a refund; either the refund will be a different amount than you anticipated, or it will turn out you're getting a refund when you had thought you owed taxes. a certain number of returns are selected for examination. Thank you for downloading one of our infographics, checklists, charts, and other useful taxtips. San Diego Tax Attorney William D. Hartsock offers this advice. As the largest tax representation provider in the country, TaxAudit handles more audits than any other firm and also offers Tax Debt Relief Assistance to taxpayers who owe back taxes to the IRS or state government. If you do not agree with the changes, you will want to take action within 60 days of receiving the notice. Also, if you owe back taxes when you receive a CP12 notice, the IRS Fresh Start Program can help you find tax relief. An official website of the United States Government. provided Why was your refund less than what you filed for, The IRS will only initiate contact via letter or notice in the mail, appeal rights and steps to take to prepare a protest, someone filed a return with your information, figure your taxable Social Security income here, premium, personalized assistance for your tax questions. Read the content of the notice CP12 carefully so you know the purpose of the IRS tax return correction or adjustment. When you file your taxes withthese TurboTax products, you get: To get started, visit ourAudit Support Center. Taxpayers in 2022 also received this notice after filing their 2021 Return due to inaccurate entry of their third stimulus payment. I don't owe taxes, Personal hardship If you agree with the changes the IRS made, no response is required: If you don't agree with the changes,contact the IRS within 60 days from the date of your notice. The Internal Revenue Service sends a CP12 notice when it discovers math or calculation errors that change the amount of tax that you owe. Kate enjoys the challenge of writing about complex issues including taxes. Add a Comment. As a result, you are due a refund of $____, that should be the new refund amount not an addition. "It's a serious thing don't ignore it like. Receiving a CP12 notice is not a bad thing. (Your IRS notice CP11 will contain the exact due date; use this date instead of assuming the 60 days start the day you received your notice.) IT is Income Taxes. I received an adjusted refund letter but still have not received my refund caller ID # is [removed]. If its talking about deductions or credits you know nothing about, it may be a scam. These numbers may change, so always use the number on your letter or on the IRS website. Instead, you may file a claim for refund to dispute the changes. If the notice says you will receive a refund in 4-6 weeks (or some other time), no other action is needed. /*-->

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