The CP60 Notice is sent when:

• The IRS receives income information from employers, banks, or other sources that doesn't match your tax return.
• The IRS requests you to review and verify the information.
• The notice includes the income amounts reported by third parties and what you reported on your return.

Common reasons include:

• Income reported by employers or banks differs from your tax return.
• Missing or incorrect income entries on your return.
• Errors in reporting dividends, interest, or other income.

Step 1: Review the Notice and Your Tax Return
Compare the amounts reported by third parties with what you included on your return.

Step 2: Confirm Accuracy or Identify Errors

• If you find an error on your return, you may need to file an amended return.
• If the notice is incorrect, gather documents to support your original filing.

Step 3: Respond Promptly
You usually have 30 days from the notice date to respond or clarify the issue with the IRS.

• The IRS may issue a formal audit or assessment.
• Additional taxes, penalties, and interest may be assessed.
• Your chances to dispute the issue may decrease.

• Report all income exactly as shown on forms like W-2s and 1099s.
• Keep accurate records of all income sources.
• Use professional tax help to avoid mistakes.