Receiving a tax notice or letter is never a pleasant experience. It can be confusing and frustrating if you don't understand why you received the notice in the first place. That's why we wrote The Ultimate Guide to Tax Notices and created a tax notice library filled with the most common tax notices and letters you might receive. We believe the process of staying compliant with your taxes should be as effortless as possible.
General Information
- What is the notice number? CP220
- What government agency sends this notice? The Internal Revenue Service (IRS)
- What is this notice about? The IRS made change(s) for the tax year specified on the notice.
- What should you do if you receive this notice? Check the details of any changes made. If you agree with the changes, follow the payment instructions if a balance is due. If you disagree, call the toll-free number on the notice to discuss your account. Make sure to correct your personal copy of the tax return to reflect the IRS changes.
FAQs & Additional Information
- How can I find out what the IRS received to initiate this change?
- Call the number listed on the top right corner of your notice.
- Ask the representative about the specific documentation or information that prompted the change.
- What should I say when I call the IRS?
- Mention that you received a CP220 notice and would like to review your account.
- Have a copy of the notice and your tax return in front of you.
- What if I disagree with the changes the IRS made?
- Call the toll-free number on the notice by the due date to discuss your concerns.
- Request clarification on the adjustment and provide any supporting documentation.
- What if I can’t pay the full amount I owe?
- See if a payment plan is an option through the IRS Online Payment Agreement Application.
- Ask about possible payment arrangements when you call.
- Will I be charged interest and penalties if I don't pay in full?
- Interest will accrue on any unpaid balance after the due date.
- A late payment penalty may also apply if the total amount isn't paid by the notice date.
- Contact the IRS if you believe there are circumstances beyond your control.
- If three weeks have passed and you don’t owe any other debts the IRS must collect, call the toll-free number on the notice to check the status.
- What if I need to make another correction to my account?
- File an amended return.
What does it look like?
Resources
Looking for more information about this notice? Here are some helpful resources:
- About the notice - https://www.irs.gov/individuals/understanding-your-cp210-or-cp220-notice
How can we help you today?
Are you looking for more information about your tax notice or other challenges? DiMercurio Advisors has a dedicated team supporting tax notices, audits and more. We are passionate about ensuring you are well-informed and in control of your tax situation.
