IRS Notice CP10 – Changes to Your Form 1040
The IRS sends CP10 when the tax due was calculated incorrectly on your tax return and the correction to the calculation has reduced the refund amount that was designated to be applied to the next year’s tax return.
Type of Notice: Return accuracy
Most common tax problem area: IRS return and account problems
Other tax problem areas: N/A
Why you received IRS Notice CP10
- You requested that your refund be applied to your estimated tax payment for the upcoming tax year.
- When processing your return, the IRS discovered a miscalculation.
- The IRS corrected the error and made an adjustment to your return.
- The IRS sent CP10 to notify you that the adjustment reduced or eliminated the amount that could be applied to your estimated tax payments for the next year. You are advised to adjust the estimated tax payments you will make accordingly.
Your options to address IRS Notice CP10
- Dispute the taxes you owe
- Dispute the penalties
- Make arrangements to pay
Notice deadline: 60 days
If you miss the deadline: If you do not dispute the changes on a CP10 within 60 days, the IRS will not reverse the adjustment. Since you have already paid the taxes due, you must file Form 843, Claim for Refund and Request for Abatement.
Want more help?
See your local tax pro for a free consultation.
Read the IRS definition and get more insight about tax return transcripts from the tax experts at H&R Block.
Learn how to get back in compliance with the IRS by filing your past-due tax returns and resolving any related tax issues, such as tax bills and penalties.
Learn more about notice CP30A, why you received it, and how to handle the notice with help from the tax experts at H&R Block.
Learn more about Letter 3853C, why you received it, and how to handle an IRS 3853C letter with help from the tax experts at H&R Block.