IRS CP24 Notice: Tax Return Correction
The IRS has corrected an error on your tax return, resulting in a refund reduction or balance due adjustment.
Understanding Your CP24 Notice
The CP24 notice explains corrections the IRS made to your tax return calculations.
Key Details Included:
- Specific errors identified by the IRS
- Original vs. corrected amounts
- Adjusted refund or balance due
- 60-day response deadline
Common Reasons for CP24 Notices
- Incorrect credit calculations (EITC, Child Tax Credit)
- Errors in withholding or estimated payments
- Math mistakes in tax calculations
- Mismatched income reporting
How to Respond to Your CP24
If You AGREE With Changes:
- Pay any balance due by the deadline
- No action needed if no balance due
- Keep notice for your records
If You DISAGREE With Changes:
- Gather supporting documentation
- Contact IRS within 60 days
- Follow dispute instructions in notice
- Consider professional representation
Potential Consequences
- Lost appeal rights after 60 days
- Interest and penalties on unpaid balances
- Possible collection actions
How We Can Help
Our tax resolution services include:
- Review IRS corrections for accuracy
- Prepare dispute documentation
- Communicate with IRS on your behalf
- Negotiate payment arrangements
- Prevent future filing errors
Need Help With Your CP24 Notice?
Don't risk penalties or lost appeal rights - get professional assistance.
Call 972-519-0041 today for expert guidance.