Also note the 971 code on your tax transcript is different to the above 971 publication and is related to the issuance of a tax notice or letter by the IRS, after an adjustment or review has been completed. Using Transcript codes and IRS cycle code to figure our what’s going on with ...
The IRS in 2021 certified Phillips to the State Department as an individual owing a seriously delinquent tax debt. It also issued Phillips a CP508C,Notice of Certification of Your Seriously Delinquent Federal Tax Debt to the State Department,dated May 3, 2021, which it sent to ...
If you were advised that you must file a Form 8862 to receive a credit in a future year and did not receive CP74 or another notice telling you that you have been re-certified, file Form 8862 with your tax return or the credit will be denied. Contact us here for further help: https...
You can often see these IRS actions on your (free) tax transcript with differenttax transaction codes(e.g 570 – Refund freeze) and the associated IRS notice notificationcode 971. The actual letter or notice for the specific IRS action will be mailed to yo...
The IRS received 6.2 million responses to proposed adjustments, taking 199 days on average to process them, up from 74 days in 2019 The top ten problems taxpayers encountered when working with the IRS, as stated by the National Taxpayer Advocate, were: ...