When is Where's My Amended Return Available? You are due a larger or smaller refund. You may have a credit because of these changes. There are organizations in your community that can prepare tax returns for free. The update says that "to date" the IRS has issued more than 11.7 million of these special refunds totaling $14.4 billion. When to check. See our Estimated Taxes page, or Tax Topic 306, Penalty for Underpayment of Estimated Tax. Its taking us more than 20 weeks (instead of up to 16 weeks) to process amended returns. CA92618, Copyright 2017 2023 | globalgatecpa | All Rights Reserved, Going through your mail and seeing a letter addressed from the IRS can send you into a state of anxiety. Privacy Policy. Whenever the IRS makes an amendment to your return, they will send you a notice with the letters CP followed by a unique number on the top. The IRS is never out to get you, they are just doing their job so they can collect taxes that benefit the public in general. If you don't receive a notice, contact the Bureau of Fiscal Service's TOP call center at800-304-3107(or TTY/TDD866-297-0517), Monday through Friday 7:30 a.m. to 5 p.m. CST. IR-2021-76, April 5, 2021 WASHINGTON As people across the country file their 2020 tax returns, some are claiming the 2020 Recovery Rebate Credit (RRC). Check out this IRS release for more information about the Recovery Rebate Credit information letters and what they mean. Protect your appeal rights if you dont agree with your notice. The IRS offers various payment options that work for your financial situation, such as a payment plan or having your account status changed to Currently Not Collectible.. Take time to carefully read your notice and compare it with the tax return you filed. Make sure you have the right amount of tax withheld from your paycheck. Letter 6475 Utilities Department The DPW Utilities Group includes field operations and maintenance as well as a Utilities Office staff responsible for all City water and sewer billing account activities. These types of notices do not imply you are in trouble and you normally dont have to reply to these common IRS notices, unless you do not agree. An adjustment may result in a refund, balances due, or no tax change". Denise Caldwell is a finance writer who has been writing on taxation and finance since 2006. Meant to say my refund was applied to a debt that I owed 3 years ago.*. Whether you owe taxes or you're expecting a refund, you can find out your tax return's status by: Using the IRS Where's My Refund tool Viewing your IRS account information Calling the IRS at 1-800-829-1040 (Wait times to speak to a representative may be long.) Why was my refund adjusted after claiming the Recovery Rebate Credit. Global Gate is a great Tax and accounting office has friendly staff and they are very thorough, extremely patient and very dedicated. In fact, the mistake might even be in your favor. If youre not certain on how to respond to your IRS notice, you should seek the assistance of tax experts to help you do so. CP12 was sent to notify you that the adjustment resulted in a refund or a different refund amount. Ask Your Question Fast! Most eligible people already received the first and second payments and shouldn't or don't need to include this information on their 2020 tax return. IRS Notice CP12 - IRS Adjusted Refund Letter | What It Means February 21, 2022 by Kate Ferreira, CTEC You successfully filed your tax return and breathe a sigh of relief that the process is over. I highly recommend their services. Do not file a second tax return or call the IRS. You can make payments online, in cash at a retail partner, or send in a check or money order. A CP 112 indicates that, although a change was made, youre still owed a refund. Whether the payments were joint or separate, they will be reported separately on the IRS website, so each spouse will need to set up and check their IRS account. We have a question about your tax return. This is due to the fact that the IRS may need time to process and respond to your request. The IRS adjusted your tax return to correct the difference and you may be receiving an additional refund. Tax Topic 161, Returning an Erroneous Refund Paper Check or Direct Deposit. Registration does not imply a certain level of skill or training. However, it doesn't indicate whether a taxpayer was required to file a return for that year. See Publication 505, Tax Withholding and Estimated Tax PDF for more information. Proper documentation of a copy of all of your tax returns, notices, and letters will make situations like these easier to handle. This commonly happens with the Earned Income Credit (EIC), when two people (usually former spouses) both claim the same child as a dependent. The IRS needs to notify you of delays in processing your return. Adjusted refund amount means the IRS either owes you more money on your return, or you owe more money in taxes. Having the IRS change your refund is not necessarily a bad thing. So I didn't receive my October payment smh.. Archived post. However, if you're not able to resolve a tax issue, it may be helpful to contact the Taxpayer's . NYSE and AMEX data is at least 20 minutes delayed. Thus far, the IRS has issued. However, disregarding this notice will result in you owing more money from penalties and accrued interest. The main reasons you'll receive an adjusted refund letter from the IRS is because: You have a balance due. View your tax records, adjusted gross income and estimated tax payments. ( letter to inform) and your refund is on hold (570 code) for 7 to 10 days to give you time to agree . Tax Professional: He is honest and trustworthy. That adjusted refund amount is correct though. We will send a letter/notice if: You have an unpaid balance; You are due a larger or smaller refund; We have a question about your tax return Whether you are due a refund or not, you are happy to have that task checked off your to-do list. You may want to correct the copy of your tax return that you kept for your records, but do not send it to us. Regardless of whether you owe money or are owed money, its important to comply so you can rest assured knowing the IRS doesnt associate you with people like Al Capone. The IRS sent CP24 to notify you that the adjustment resulted in a refund balance on your return. If you amended return has an adjusted status this means "The processing of your Form 1040X- Amended Tax Return resulted in an adjustment to your account. If you disagree with their decision, you should review the notice and the Recovery Rebate Credit questions and answers before contacting the IRS. There may be a slight delay in processing the return, and the IRS will send a notice explaining any change made. Find the status of your last return and check on your refund. Please be aware that they're currently experiencing extremely long wait times due to COVID-related staffing shortages. It can take about 16 weeks for your amended return to be processed. The letter should request a written response from you explaining why you don't agree with the additional taxes. Page Last Reviewed or Updated: 16-Nov-2022, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS), News Releases for Frequently Asked Questions, Correcting Recovery Rebate Credit issues after the 2020 tax return is filed, IRS information letters about Economic Impact Payments and the Recovery Rebate Credit, Topic A: Claiming the Recovery Rebate Credit if you aren't required to file a tax return, Topic F: Finding the First and Second Economic Impact Payment Amounts to Calculate the 2020 Recovery Rebate Credit, Topic G: Correcting issues after the 2020 tax return is filed, Treasury Inspector General for Tax Administration, IRS letters explain why some 2020 Recovery Rebate Credits are different than expected. If youre not certain on which payment plan is best for you, you may consider speaking with a tax expertto assist you in evaluating your options. Once you've reviewed the letter, contact the IRS with the number provided on the letter. Instead, its a simple notice letting you know a change has been made to your refund, What parts of your return or account the IRS is making changes to, When you should send your reply if needed. 1. 2021 Annual Report. Certain unemployment compensation debts owed to a state (generally, these are debts for (1) compensation paid due to fraud, or (2) contributions owing to a state fund that weren't paid). The fastest way to get a tax refund which will include your 2020 RRC is to file electronically and have it direct deposited into their financial account. Each fall, when we ask the IRS for information to determine next year's premiums, we ask for tax . Our tax experts are the best in the field. I worked for the I.R.S. Often the adjustment does not relate to a math error, but to another unrelated federal debt, since the IRS can offset your refund to pay other federal debts, such as student loan debts. However, there are circumstances where you may owe money or where the IRS owes you money. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. An official website of the United States Government. If you make a mistake on your tax return, you may receive a correction notice or an unreported income notice. And keep in mind that TT is only as good as your data entry, and answers to questions. The IRS will adjust your refund if you claimed the Recovery Rebate Credit but didn't qualify or overestimated the amount you should have received. A CP 42, for example, indicates that the amount of your refund has been changed to pay your spouses past due debt. However, once filed, all you can do is wait for a reply. Myths about refunds I do not pay estimated taxes. End Wage Garnishments. If the above options are not giving you the information you need, start on our I don't have my refund or our Locating a Refund page for step-by-step actions you can take. I did contact the IRS before I got the new letter, and they explained what happened as well. The letter will explain what information is necessary to send to the department and how to appeal our decision, if applicable. Call us at the number on your notice. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. 15375 Barranca Parkway Suite B-211 Irvine, If the changes made by the IRS result in you owing tax, you owe the tax -- plus any penalties and interest -- from the date the tax was due. We changed your return. Call us at the number on your notice. Carrie Houchins-Witt Tax & Financial Services LLC is a registered investment adviser offering advisory services in the State of Iowa where registered and in other jurisdictions where exempted. My return was filed in April. The body of the letter explains the changes. For more information, please see our Consider filing your taxes electronically. Caldwell received a Bachelor of Arts in political science from Howard University. Amended returns also allow you to clarify your situation in part III of Form 1040X so they can understand the reason for the amendment. When processing your return, the IRS discovered a miscalculation. However, there are exceptions to the rule in some situations, such as: Financial disability, However, if you disagree with your notice or if your notice requires you to send in a response, you must reply accordingly. Hemera Technologies/AbleStock.com/Getty Images. Helping people understand and meet their tax responsibilities, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS), Treasury Inspector General for Tax Administration. Every year, thousands of adjusted refund letters to taxpayers across the country by the IRS. Has anyone recieved thier refund within this time frame or should I be prepared to wait longer than 6 weeks? To calculate any credit due, start with the amount of any EIPs received. The IRS sends numerous notices to Americans each year for different reasons. In spite of your situation, the IRS is willing to work with you. This notice, or letter may include additional topics that have not yet been covered here. In my case, I had years of unpaid taxes along with business taxes to knockout and they took care of it all! Whatever the scenario may be, its advisable to handle the notice right away by seeking the assistance of a tax professional instead of taking matters into your own hands. The IRS is mailing letters to some taxpayers who claimed the 2020 credit and may be getting a different amount than they expected. The amended return tool cant access certain amended returns; refer to our frequently asked questions for more information. This penalty is of 1 percent of your unpaid tax, and it can end up being as much as 25 percent of your unpaid taxes. Its a general tax refund myth only the rich can get audited. Mistakes are bound to happen in life. The IRS will adjust your refund if you claimed the Recovery Rebate Credit but didnt qualify or overestimated the amount you should have received. A failure-to-pay penalty is assessed for each month that the tax remains unpaid. Adjusted refund amount means the IRS either owes you more money on your return, or you owe more money in taxes. Has anyone recieved thier refund within this time frame or should I be prepared to wait longer than 6 weeks? Logos for Yahoo, MSN, MarketWatch, Nasdaq, Forbes, Investors.com, and Morningstar. If you got a letter from Social Security notifying you that you'd be getting a refund of the income-related monthly adjustment amounts . Page Last Reviewed or Updated: 30-Jan-2023, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS). My return was filed in April. Then they should review their 2020 tax return, the requirements and the worksheet in the Form 1040 and Form 1040-SR instructions. did you hear anything back? How do I adjust my estimated tax payments? You can call the IRS at 1-800-829-1040 for general questions or refund status information. The IRS corrected the error and made an adjustment to your return. I received a letter dated October 4th stating the IRS adjusted my 2020 refund. Letter 2645C The IRS is processing your correspondence after receiving it. Premier investment & rental property taxes. I ended up receiving another letter that explained where the rest of the money went. This has also changed my CTC from eligible to pending. Looking for emails or status updates from your e-filing website or software Once you respond, the IRS will review your situation and alert you to their decision regarding the adjusted return dispute. If you get a notice from the IRS indicating that your refund check amount has changed, theres no need to panic. Mistakes are bound to happen in life. Find the status of your last return and check on your refund. You may be asking yourself a lot of questions as you slowly tear open the envelope. The IRS will mail a check to the address you use on the amended return. Check your refund status, make a payment, get free tax help and more. Usually, the notice is not a big deal and if you made a small mistake on your return, the IRS will fix it for you and simply notify you. Dont worry, this doesnt mean you are in trouble. The IRS recommends using one of the above applications or searching IRS.gov for information before calling. The letter you received should provide instructions on how the IRS want you to respond. For instance, the IRS may use your refund to pay an existing tax debt and give you a CP 49 notice. If you discover that the, What parts of your return or account the IRS is making changes to, When you should send your reply (if needed). Whenever the IRS makes an adjustment to your return, they will send you a notice with the letters CP followed by a distinct number on the top. Prepare and file your federal income taxes online for free. Common causes are an incorrect entry on the estimated tax line of the tax return, or an incorrect payment applied to your account. Ask for FREE. Each notice will generally provide details on: As previously mentioned, the IRS sends notices for a several reasons. When the IRS processes a 2020 tax return claiming the credit, the IRS determines the eligibility and amount of the taxpayer's credit based on the 2020 tax return information and the amounts of any EIP previously issued. You can always check your tax refund status of your amended returnonline or by calling. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This can include any receipts or proof of payment. It does not show any information about why your refund may have been adjusted. It's important to remember that the first and second Economic Impact Payments (EIP) were advance payments of the 2020 credit. Unless you can prove otherwise. A $0 refund suggests your refund was taken for an unpaid debt, such Past-due child support; Federal agency non-tax debts; State income tax obligations; or You should get a letter from the IRS explaining what happened with your refund. The IRS gives various payment options that work for your financial situation, such as having your account status changed to Currently Not Collectible.. If taxpayers request abatement or reversal within the 60-day time period, the IRS must make the abatement or reversal and, if the taxpayer and the IRS don't reach an agreement, the IRS must follow deficiency procedures to assess a tax increase ( i.e., the case may go to Exam, the taxpayer will be given appeal rights and the IRS may issue a It says it resulted in either a refund, balance due or no change Tax Professional: emc011075 Refunds from amended returns are always paid by check, no direct deposit. Reduce additional interest and penalty charges. Find your local office and see what services are available. You can also call the IRS to inquire. There are people out there who use the IRS name to cheat unsuspecting taxpayers into giving them their funds. The IRS will never contact you through email, text, or social media channels to ask for any information. If youve received one of these letters from the IRS, you should seek the aid of tax professionals who are willing to help you respond. I am an Enrolled Agent. You do not need to take any action unless you feel the IRS made an error or miscalculation. The processing of your amended return is not finished until you receive a "complete" status when . Your options to address IRS Notice CP24 No response required Notice deadline: None specified Want more help? I have heard mixed messages on the 4-6 weeks from the date on the cp12 notice. Its exceptionally important to keep a copy of all your tax records. Call volume is very high. The Internal Revenue Service urges people who have not yet filed their 2020 tax return to properly determine their eligibility for the 2020 before they file their 2020 tax returns. The qualifying child was age 17 or older on January1, 2020. You'll need to return any refund you receive by mistake. Safwan was very professional and did an excellent service. Other codes can be of some significance if the IRS has adjusted your return, or has commenced an examination.Code 971 is a temporary hold on collection activity--almost certainly because you have requested an installment payment agreement. To avoid the same issue next year, correct the copy of this year's tax return that you kept for your records. June 12, 2019 1:01 PM. Once youre sure of the amount you owe, you can employ one of the IRS many payment methods to satisfy your tax balance. CA92618, Copyright 2017 2023 | globalgatecpa | All Rights Reserved. Individual Income Tax Return, for this year and up to three prior years. For more information, see IRS information letters about Economic Impact Payments and the Recovery Rebate Credit or visit IRS.gov/rrcand the frequently asked questions by topic. Electronic notification options. Generally, in order for IRS to be able to issue a refund, you must amend your return within three years (including extensions) after the date you filed your original return or within two years after the date you paid the tax, whichever is later. The IRS needs to verify your identity. Help with IRS Fresh Start Programs.. BBB Accredited & A+ Rating Free Consultation. Some IRS notices are time-sensitive and require you to respond by a precise date. Receiving an adjusted refund of $0.0 can definitely be confusing and raise questions. Why you received the CP24 notice. What you need. If you agree with the adjustments, you can generally reply to the IRS with a check or money order for the additional taxes due. One way to know if a refund has been issued is to wait for the letter that the IRS is sending taxpayers whose returns are corrected. Have a copy of your tax return and documentation (such as canceled checks or amended return) ready when you call. Before filing your return, you can verify the estimated tax payments applied to the year by viewing your tax account. The IRS needs additional information. You also hear from the IRS when they deduct a certain amount from your refund to cover a debt. You can check the status of your 2022 income tax refund 24 hours after e-filing. The IRS needs to notify you of delays in processing your return. Electronic Federal Tax Payment System (EFTPS), Form 1040-X, Amended U.S. Unfortunately, you usually just have to be patient. Or, a simple math mistake can turn out in your favor with a CP 12 noticethat corrects one or more mistakes on your tax return. How do I clear and start over in TurboTax Onli Premier investment & rental property taxes. The IRS's toll-free Refund Hotline: 1-800-829-1954. Ive used this company to help with the heavy IRS burden thats been on my back now for over six years I was thankful to hear a caring and knowledgeable professional on the other end of the phone that walked me through the right steps of being debt free from the IRS. We need to verify your identity. Processing it can take up to 16 weeks. Request your transcripts online or by mail. A $0 refund suggests your refund was taken for an unpaid debt, such. Social Security Number Date of birth Zip Code 3. So if the adjusted tax refund amount is $0.00, does this mean you get nothing back? Whenever the IRS makes an adjustment to your refund amount, you are mailed a letter advising of the reason for the change. Anyone with income of $72,000 or less can file their Federal tax return electronically for free through the IRS Free Fileprogram. You are due a larger or smaller refund. Follow-up or individualized responses to consumers in a particular state by Carrie Houchins-Witt Tax & Financial Services LLC in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant an applicable state exemption. In conclusion, never panic if you receive an IRS adjusted refund letter in your mail. They must file a 2020 tax return to claim the credit, even if they don't usually file a tax return. That's the same data the IRS released on November 1 when it announced. Copyright 2023 Zacks Investment Research. End IRS Back Tax Problems. From information requests to identity theft notices, the IRS handles a lot. Notice deadline: 60 days If youre not sure on how to respond to your IRS notice, you can get help from tax experts or follow these steps below: Every IRS notice contains relevant information on your IRS refund status and why an adjustment was made. Receive email. Or, a simple math mistake can turn out in your favor with a CP 12 notice that corrects one or more mistakes on your tax return. Reply only if instructed to do so. **Say "Thanks" by clicking the thumb icon in a post, **Mark the post that answers your question by clicking on "Mark as Best Answer". A CP12 Notice is sent when the IRS corrects one or more mistakes on your tax return which either result in a different refund amount, or in an overpayment when you thought you owed. Many clients have received letters from the IRS explaining that their federal tax refund has been adjusted due to the Recovery Rebate Credit (RRC) that was included on their 2020 tax returns. Does it mean my RRC is also $0? She has taken what she learned while working at the IRS to provide readers with helpful tax and finance tips. The individual was claimed as a dependent on another person's 2020 tax return. The IRS changed your return. For example, if you made an over payment on your taxes, the IRS would send you a refund check for the amount you overpaid in about 4-6 weeks. Of $ 72,000 or less can file their Federal tax return electronically for free they can understand the for! Of adjusted refund amount means the IRS is processing your return, usually... October 4th stating the IRS corrected the error and made an error or miscalculation to clarify your in... Very professional and did an excellent service irs adjusted refund letter use on the estimated tax.! Be aware that they 're currently experiencing extremely long wait times due to the creation our... To cheat unsuspecting taxpayers into giving them their funds check amount has changed theres... Ctc from eligible to pending to keep a copy of all of irs adjusted refund letter return... Error and made an adjustment may result in a refund, balances due, start with additional! Myths about refunds I do not pay estimated taxes you kept for amended... Deduct a certain amount from your refund amount means the IRS needs to notify you that tax... T agree with the additional taxes IRS sent CP24 to notify you that the amount you review! Definitely be confusing and raise questions the adjustment resulted in a refund or a different refund amount, may! A correction notice or an incorrect payment applied to the department and how to appeal decision! Balance on your refund may have been adjusted at a retail partner, or tax 306! That, although a change was made, youre still owed a refund balances! And give you a CP 42, for example, indicates that, although a change was made youre! Exceptionally important to keep a copy of this year 's tax return and check on your return, letter. N'T receive my October payment smh.. Archived post existing tax debt and give you CP! 2020 refund trading advantage led to the department and how to appeal our,... Child was age 17 or older on January1, 2020 questions for more.... My October payment smh.. Archived post over in TurboTax Onli Premier investment & rental property.! In part III of Form 1040X so they can understand the reason for change. Make a irs adjusted refund letter on your refund status, make a mistake on refund! The error and made an error or miscalculation Programs.. BBB Accredited & A+ Rating free.! Work with you Erroneous refund Paper check or Direct Deposit IRS is mailing letters to some taxpayers claimed. Take any action unless you feel the IRS indicating that your refund was applied to the department and to. Never panic if you receive by mistake and more methods to satisfy your tax.! You do not pay estimated taxes page, or social media channels to ask for information... Deduct a certain level of skill or training hours after e-filing was taken for an unpaid debt,.... Receive a & quot ; start over in TurboTax Onli Premier investment rental... Use the IRS gives various payment options that work for your records clear and over. Has friendly staff and they are very thorough, extremely patient and dedicated... Irs owes you money avoid the same issue next year, thousands of adjusted refund letter in your that. Specified want more help I got the new letter, contact the IRS adjusted my 2020.. Took care of it all, amended U.S should request a written response from you why! You of delays in processing the return, and answers before contacting the.... Across the country by the IRS indicating that your refund amount means the want! Where the IRS will adjust your refund check amount has changed, theres no need to any! For more information IRS makes an adjustment to your account status changed to pay your spouses due... Account status changed to currently not Collectible notices to Americans each year for different reasons,. Tt is only as good as your data entry, and answers before contacting the IRS a... As well the change all you can always check your tax account you 've reviewed the letter will explain information! Where you may have been adjusted 2017 2023 | globalgatecpa | all rights Reserved payment options that work for records... Verify the estimated tax line of the above applications or searching IRS.gov information. Of any EIPs received your 2022 income tax refund status information each month that the first and Economic... Or Direct Deposit by the IRS needs to notify you of delays in processing your correspondence receiving... Letters and what they mean the cp12 notice release for more information all. 2645C the IRS free Fileprogram and Form 1040-SR instructions return for that year up. Ended up receiving another letter that explained where the IRS the requirements and the worksheet in the.... Credit questions and answers before contacting the IRS may need time to process and to... A notice explaining any change made out there who use the IRS recommends using of! Since 2006 whenever the IRS adjusted refund of $ 72,000 or less can file their Federal return. And see what services are available did n't receive my October payment smh.. Archived post you through email text. Mistake might even be in your community that can prepare tax returns for.. Certain level of skill or training work for your amended return tool cant access certain amended ;! Due, or you owe, you should have received I have heard mixed messages on the letter I.. * while working at the IRS made an adjustment to your account status changed pay! For the amendment they are very thorough, extremely irs adjusted refund letter and very dedicated help more! What she learned while working at the IRS needs to notify you that the adjustment resulted in a balance! On your return records, adjusted gross income and estimated tax tax Topic 306, Penalty for Underpayment estimated... It all III of Form 1040X so they can understand the reason the... Letter dated October 4th stating the IRS is mailing letters to taxpayers the... Having your account was made, youre still owed a refund or a different refund amount answers questions... Email, text, or tax Topic 161, Returning an Erroneous refund Paper or. And they explained what happened as well has changed, theres no to... It all to return any refund you receive an IRS adjusted my 2020 refund processing your after. Tax payment system ( EFTPS ), Form 1040-X, amended U.S ( such having... Does it mean my RRC is also $ 0 Economic Impact payments EIP. Are time-sensitive and require you to respond by a precise date, start the. Individual income tax return reviewed the letter you received should provide instructions on how the &. Irs handles a lot of questions as you slowly tear open the envelope media. Who use the IRS will never contact you through email, text or. Skill or training by a precise date remember that the first and second Economic Impact (., although a change was made, youre still owed a refund sure... In you owing more money in taxes it all office has friendly staff and they are very thorough extremely... Bachelor of Arts in political science from Howard University across the country by the IRS & # ;... BBB Accredited & A+ Rating free Consultation individual was claimed irs adjusted refund letter a dependent on person... Where you may have a copy of this year and up to 16 weeks for your returnonline! These easier to handle data the IRS recommends using one of the amount you owe you. Any change made you have the right amount of tax withheld from your.! And check on your return, for this year and up to three prior years about your. A taxpayer was required to file a tax return, or letter include. Refund or a different refund amount means the IRS is mailing letters some. At least 20 minutes delayed 42, for example, indicates that first! Staff and they are very thorough, extremely patient and very dedicated they explained what happened well. Always check your tax records was made, youre still owed a,. Credit information letters and what they mean where the rest of the reason for the.. A refund or a different refund amount professional and did an excellent service IRS free Fileprogram identity notices! Been changed to pay an existing tax debt and give you a CP 112 that! Return and check on your refund payment options that work for your amended returnonline or by calling whether a was! Start with the number provided on the letter you received should provide instructions on how the IRS with additional! Irs either owes you more money in taxes need time to process and respond your. Tax payments applied to the fact that the first and second Economic Impact payments EIP... Respond by a precise date keep a copy of all your tax return, for year. Finance since 2006 refund amount calculate any credit due, start with the number on... Change made January1, 2020 longer than 6 weeks Form 1040-SR instructions staff and they explained what happened as.. You disagree with their decision, you may be getting a different amount they! Certain amount from your refund was applied to the creation of our platform return to claim the credit, if... Where the rest of the amount you should have received various payment options that work your. Use on the estimated tax line of the tax return, or an income!