I recently received an adjustment letter from the IRS, which explained that an adjustment to my tax return indicates that I am responsible for additional taxes. If I disagree with the adjustment and additional taxes for which I am now responsible, what recourse to I have?
The letter you received should provide instructions on how the IRS want you to respond. The letter should request a written response from you explaining why you don’t agree with the additional taxes. Once you respond, the IRS will review your situation and alert you to their decision regarding the adjusted return dispute.
Related Resources
The SS-4 form is a tax form used for small business owners to apply for an Employer Identification Number (EIN). Learn more.
Get the facts from the experts at H&R Block about the specific items you should include in an IRS penalty abatement request letter.
Get the facts from H&R Block about an IRS option for deferred payment of back taxes, called currently not collectible status (CNC).
Taking money out of your retirement plan? Review the rules for rollovers and early distribution penalty exceptions with the team at H&R Block.