Tax Dictionary – Tax Return Mismatch
The income and/or payment information the IRS has on file doesn’t match the information you reported on your tax return. In these cases, the IRS may send you a notice CP2000.
More from H&R Block:
The IRS tax return matching program identifies significant mismatches between your tax return and income information the IRS has on file about you (like Forms W-2 and 1099). If there’s a mismatch, the IRS will send you a CP2000, Notice of Proposed Adjustment for Underpayment/Overpayment. This is also called an IRS underreporter inquiry.
In 2012, the IRS issued more than 4.5 million CP2000 notices, with an average of $1,572 in additional taxes owed. Underreporter inquiries are not technically audits, but they can feel that way to many taxpayers.
Learn more about form CP71D, why you received it, and how to handle an IRS CP71D notice with help from the tax experts at H&R Block.
Learn more about IRS Letter 5044 and how to handle an inquiry of your business' income with help from the tax experts at H&R Block.
Get the facts from H&R Block about IRS audit reconsideration. The IRS will agree to reopen a closed audit in certain situations.
Learn more about form CP3219A, why you received it, and how to handle an IRS statutory notice of deficiency with help from the tax experts at H&R Block.