IRS CP16 Notice: Refund Due Notice
Good news! The IRS has determined you overpaid your taxes and are due a refund.
Understanding Your CP16 Notice
The CP16 notice informs you that the IRS corrected your tax return in your favor, resulting in a refund.
Key Details Included:
- Specific adjustment(s) made by the IRS
- Original vs. corrected refund amount
- Expected refund timeline
- 60-day dispute period if needed
Common Reasons for CP16 Notices
- Math errors in your favor
- Unclaimed credits or deductions
- Additional withholding reported
- Income reporting corrections
How to Respond to Your CP16
If You AGREE With Changes:
- No action required - refund will be issued automatically
- Expect your refund within 4-6 weeks
- 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 assistance if complex
Important Considerations
- Refund will be issued automatically if you agree
- Check your bank account if you selected direct deposit
- Allow 4-6 weeks for paper checks
- Dispute rights expire after 60 days
How We Can Help With Your CP16
Our tax services include:
- Verification of IRS refund calculations
- Assistance with refund disputes
- Future tax planning to maximize refunds
- Professional representation if needed
Want to Ensure You're Getting the Full Refund You Deserve?
Our experts can review your notice and help with any disputes.
Call 972-519-0041 today for a free consultation.