IRS CP02 Notice – Credit Applied to Your Account
What Is IRS Notice CP02? IRS Notice CP02 is sent when the IRS applies a tax credit to your account instead of issuing it as a refund. The notice explains how the credit was used and shows how it affected your tax balance. CP02 is informational. It does not indicate an error, audit, or enforcement […]
IRS CP501 Notice – First Reminder of Balance Due
What Is IRS Notice CP501? IRS Notice CP501 is a first reminder notice sent when you have an unpaid federal tax balance and the IRS has not received payment or a response after the initial balance due notice (CP14). CP501 reminds you that the balance remains unpaid and encourages prompt action to avoid further collection […]
IRS CP49 Notice – Refund Applied to Past Due Taxes
What Is IRS Notice CP49? IRS Notice CP49 is sent when the IRS applies your tax refund to a past-due federal tax balance from a prior year. Instead of issuing the refund to you, the IRS uses it to reduce the amount you owe. CP49 is informational. It explains how your refund was applied and […]
IRS LT16 Notice – Reminder Notice of Balance Due
What Is IRS Notice LT16? IRS Notice LT16 is a balance due reminder notice sent when you owe federal taxes and previous IRS billing notices have not resulted in payment or resolution. It informs you that your account remains unpaid and urges you to take action to avoid further collection steps. LT16 is more formal […]
IRS CP14 Notice – Initial Balance Due Notice
What Is IRS Notice CP14? IRS Notice CP14 is the first official balance due notice sent by the IRS after a tax return is processed and a tax balance remains unpaid. It informs you of the amount you owe, including tax, penalties, and interest, and requests payment. CP14 is an informational billing notice and does […]
IRS CP503 Notice – Second Reminder of Balance Due
What Is IRS Notice CP503? IRS Notice CP503 is a second reminder notice sent when you have an unpaid federal tax balance and prior billing notices have not resulted in payment. It informs you that the IRS has not received payment and requests prompt action to avoid further collection steps. CP503 is not a levy […]
IRS CP2000 Notice – Proposed Changes to Your Tax Return
What Is IRS Notice CP2000? IRS Notice CP2000 is a notice sent by the IRS when information reported on your tax return does not match income data the IRS received from third parties, such as employers, banks, or investment firms. This notice proposes changes to your tax return but is not a bill and is […]
IRS Form 843 – Claim for Refund and Request for Abatement
What Is IRS Form 843? IRS Form 843, officially titled Claim for Refund and Request for Abatement, is used to ask the Internal Revenue Service (IRS) to refund certain taxes or fees you paid in error or remove (abate) penalties or interest that were incorrectly charged or should not apply based on your circumstances. This […]