IRS Notice CP14I – Balance Due
You have a balance due on the return for the year shown on the notice.
Type of notice: Unpaid balance
Likely next step: Address a bill for unpaid taxes
Also see: IRS return and account problems
Why you received IRS Notice CP14I
- You have an IRA or tax-sheltered account and filed a tax return.
- The IRS determined, based on the information provided on the return, that you either:
- Did not take out the required minimum distribution from a traditional IRA or
- Put more into a tax-sheltered account (IRA, Roth IRA or Medical/Health/Education Savings Account) than is allowed.
Notice deadline: 30 days
If you miss this deadline: Additional penalties and interest will be due.
Want more help?
Your tax professional can deal with the IRS for you. Learn more about H&R Block’s Tax Audit & Notice Services. Or make an appointment for a free consultation with a local tax professional by calling 855-536-6504 or finding a local tax pro.
You have options when you owe taxes. Get the facts about the best way to pay your tax bill with help from the experts at H&R Block.
Received a notice that your business has inadequate records? Read the IRS definition and get more insight from the tax experts at H&R Block.
The IRS has placed an identity theft marker on your account. Learn more about IRS letter 4402C from the tax experts at H&R Block.
Get the facts from H&R Block about innocent spouse relief, which relieves one spouse from the responsibility of additional taxes owed on a joint return.