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? LTR1382C
- What government agency sends this notice? The Internal Revenue Service (IRS)
- What is this notice about? Your tax return filing appears to be late, resulting in a penalty and interest.
- What should you do if you receive this notice? If you agree with the balance, pay it as soon as possible to stop further interest. If you disagree or need clarification, call the number listed or write to the IRS address provided.
FAQs & Additional Information
- What if I can prove I filed by the extended due date? Submit your proof (e.g., certified mailing receipt), and the IRS may remove or reduce the penalty.
- Is there a way to reduce or remove these penalties? If you show reasonable cause (not willful neglect), the IRS could abate penalties; interest generally still applies until the balance is paid.
- Why was I charged both a late-filing and a late-payment penalty? The IRS imposes separate penalties if you file after the deadline and owe tax not paid on time; both can accumulate monthly.
- How do I stop interest from accruing? Pay the full balance promptly. Interest will continue to accrue until the entire liability is settled.
- What if I disagree with the calculations? Call the number in the letter or send a written request for a detailed computation to see how the IRS arrived at the current balance.
- Can I set up a payment plan? Yes, you can typically arrange an installment agreement if you can’t pay in full, but note that interest and penalties may continue to apply.
What does it look like?
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.
