Get Irs Audit Letter Cp2000 Sample Pdf 2 - Tax Audit Defense ...

CP2000 notices aren't audits, but they work the same. It's important to fully respond by the IRS deadline. You have the right to contest penalties and appeal a CP2000 determination.

IRS statistics show that one out of every three CP2000 notices (also called underreporter inquiries) doesn't result in the taxpayer owing more taxes. But, to show the IRS that you don't owe, you must respond effectively.

A CP2000 is not a notification of an audit; you are not automatically being audited if you receive one of these letters. Nor is it a bill. Rather, it's a notice of proposed changes to your tax return.

When you get a CP2000 notice in the mail from the IRS, it means that the IRS thinks you left income off your tax return. CP2000 notices feel a lot like an audit. But really, the IRS is just asking you to explain why there's a mismatch between your return and IRS records.

A CP2000 is not a notification of an audit; you are not automatically being audited if you receive one of these letters. Nor is it a bill. Rather, it's a notice of proposed changes to your tax return.

Can the IRS turn a CP2000 into an audit? Yes, but this is rare. If the CP2000 involves complex interpretation of the facts or tax law, the IRS or the taxpayer can request that the CP2000 be transferred to IRS audit.

Scams and identity theft In some rare cases, getting a CP2000 might also alert you to the fact that someone else is using your name and Social Security number. If you suspect you might be the victim of identity theft, contact the IRS and your state tax agency.

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