Search

Did You Get an IRS Letter on a Change in Your Tax Amount?

If you are one of the 11 million who received the letter and its contents are unfamiliar to you, don’t worry. This blog explains all you need to know!
IRS Letter
Did You Get an IRS Letter on a Change in Your Tax Amount?
Over 11 million letters have been sent out to taxpayers by the Internal Revenue Service, informing them that they will not be getting the actual refund they originally calculated or that they owe even more in taxes to the government
In this article

The letter to taxpayers by the Internal Revenue Service (IRS) on a change in tax amount dropped without warning. If you are one of the 11 million and the contents of the letter are unfamiliar to you, don’t worry. We are here to explain.

The tax advocacy office of the IRS which helps taxpayers settle disputes says that the number of letters sent out so far this year is about five times more than what was sent out in 2019. 

What the Letters Say

These letters are called CP-11, CP-12, and CP-13, or Letter 6470, and are legal under federal law. They are math correction letters issued by the IRS after making quick corrections in place of conducting detailed audits. That is why you’ve received the letter from the IRS on the tax change.

Many of these letters had to be sent again by the IRS to inform receivers about how they can make appeals against their tax corrections and what their legal rights are. Taxpayers are eligible to appeal these corrections but could be required to undergo a full audit in case they do. 

Fixing Past Errors

While processing tax forms, the IRS may have committed errors in the math which it is seeking to fix now. But a lot of the errors seem to be connected with recovery rebate credit. Many people are seemingly doing something known as double dipping.

Double dipping refers to the practice of filing for credit even after getting the complete amount in your stimulus check. This practice is not allowed. 

The IRS has acknowledged that the Covid-19 pandemic has reduced the speed at which tax matters are being processed and has asked taxpayers to be patient as they sort out these issues.

Pandemic Problems

Congress had altered rules regarding the stimulus laws on the go since these laws were passed based on estimates. And this has led to the current set of issues due to the uncertain nature of the pandemic. 

If you happen to get a letter regarding any change in your taxation amount, simply call the number given on the form. You will most likely be directed to an automated system that will file an appeal for you. The IRS phone number is 800-829-8374.

Be prepared to see a rise in the number of such letters next year as well. Since the new tax credits for children have begun only this year, experts expect taxpayers to make more errors while filling up their returns next year.

Meanwhile, if you’ve filed for a tax extension, now is the time to pay. Use Beem to get a quick and accurate estimate of your federal and state taxes and get the maximum refund.

Was this helpful?

Did you like the post or would you like to give some feedback? Let us know your opinion by clicking one of the buttons below!

👍👎

Author

Picture of Johnathan James

Johnathan James

With over 11 years of experience, Johnathan started his writing career as a copywriter. Coming from a finance and management background, he excels in covering financial topics. When he's not spurning out fintech content, you will find him playing football, basketball and racing.

Editor

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

Related Posts

game-show
Taxes on Game Show Winnings, Lottery and Online Gaming
Winning at least $600 is likely to result in a 1099-MISC tax form being sent by the awarding entity to both the winner and the IRS. If no form is received, the winner is still obligated to report the winnings value.
Cheatham Tax Deadline Extension
Cheatham Tax Deadline Extension [2024]
The tax extension applies to individuals and businesses in Cheatham county and other affected areas impacted by the severe storms and tornadoes.
Davidson Tax Deadline Extension
Davidson Tax Deadline Extension [2024]
The tax deadline extension in Davidson County, Tennessee, relieves businesses and individuals affected by the severe weather. Here are the key details that you must know before starting your tax filing process in Davidson County.
Washington Tax Deadline Extension
Washington Tax Deadline Extension
Understanding the new deadlines and the procedure for applying for extensions is crucial to complying with the regulations and avoiding any penalties. Read on for all the details.
Tennessee Tax Extension Deadline
Tennessee Tax Extension Deadline 
Tennessee taxpayers can utilize various methods to fulfill their state tax obligations. Read on for all the details.
Michigan Tax Extension Deadline
Michigan Tax Extension Deadline 
In 2023, severe storms, tornadoes, and flooding led to federal disaster declarations in several Michigan counties. These declarations allowed affected taxpayers extended deadlines to file and pay their taxes, providing critical relief as they work towards recovery. Read on for more information.
Features
Essentials

Get up to $1,000 for emergencies

Send money to anyone in the US

Ger personalized financial insights

Monitor and grow credit score

Save up to 40% on car insurance

Get up to $1,000 for loss of income

Insure up to $1 Million

Coming Soon

File federal and state taxes at low cost

Quick estimate of your tax returns

Get up to $1,000 for emergencies

Send money to anyone in the US

Save big on auto insurance - compare quotes now!

Zip Code:
Zip Code: