Have you ever received a letter from the IRS? Chances are you have. They mail out millions of notices every year.
Below are 7 tips on how to respond to a letter from the IRS:
- Don’t throw the letter away or stash it under your other bills. Respond to it immediately.
- Read it carefully to determine what it’s asking you to do. Most letters from the IRS deal with a specific issue that requires a correction or it may simply ask you for more information.
- If the IRS has notified you that it has corrected a previously filed tax return, make sure to compare it with your tax return to make sure it makes sense.
- Unless a payment is due, or you don’t agree to it, it is not necessary to respond to the letter.
- If you disagree with the IRS’s proposal, then write a letter explaining why. Enclose copies of all pertinent documents. Always include the tear-off portion of your notice. Mail your letter to the address the IRS has provided and expect to wait at least 30 days for a response.
- Keep copies and file all notices you receive from the IRS.
- Although it’s best to deal with the IRS using the mail, you can try to call them using the number at the top of your letter. Have your tax return on hand when you call.
Chances are; you will be put on hold or transferred to other operators in order to get your answer. A better alternative is to call your tax preparer instead. You will receive a faster and more personal response, and your issue will be handled in a timelier way with less stress.