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By Angelia Sampson
Like another IRS Notice, CP-11, CP 22A is a notice delivered to you by the IRS to let you know that you currently owe a debt to the IRS. The CP-22A IRS Notice is sent out to notify taxpayers that the IRS made one or more adjustments to their 1040 series U.S. Individual Tax Return, resulting in that person owing a balance of at least five dollars when the account was not in Taxpayer Delinquent Account (TDA) status prior to the adjustment being made or when the account is going to Taxpayer Delinquent Account (TDA) status in the current cycle. IRS Notice CP 22A explains the adjustments made to the tax return and asks for payment of the newly figured tax debt. This article will walk you through the questions people have when they get CP-22A, and it will teach you how to ward off Tax Debt problems.
But What if I Was Sure to File on Time?
It’s hard for individuals to stomach the CP-22A IRS Notice. After all, you filed and probably paid when it was due, and it isn’t fair that the IRS all of a sudden asserts that you owe them a tax debt. Even so, you may have made a mistake the IRS had to adjust, resulting in you owing the cash claimed in Notice CP 22A from the Internal Revenue Service. Take heed and examine the information given to you by the IRS rigorously, as there might actually be a mistake on their side.
When Must I Pay the Amount Stated in CP-22A?
The IRS is looking for prompt satisfaction of the Tax Debt listed in Notice CP22A from the Internal Revenue Service. Get an IRS debt professional to represent your case if you have no way to repay the Tax Debt or do not know what to do at this point. It is especially important to speak with a tax professional or tax debt resolution company if you feel you should not owe money to the IRS.
What Are the Actions to Take When I Get CP-22A?
The IRS is looking for you to pay the amount due that’s stated within the CP22A IRS Notice. The IRS Notice will come with a payment envelope so you can pay back the amount owed . You could try to contact the IRS from here if you can’t pay, but they will want you to pay your whole tax debt. It’s incredibly important to act swiftly when you owe the IRS. You need to decide quickly if you will seek expert support or submit payment to the IRS because the IRS will make your life difficult if you fail to make up your mind quickly.
What Will Happen if I Don’t Pay the IRS?
The IRS will place a Tax Lien if you decide to ignore your Tax Debt obligations. This gives the IRS a legal claim to your possessions and guarantees your payment of your tax debt. You will be unable to sell your home or car, and none of your valuable belongings will be completely protected from IRS seizure as long as you are in debt to them. On top of that, if a Tax Lien is implemented, you can’t do anything that involves credit. Your finances will be wrecked. If you do not want the IRS to execute a Tax Lien, it’s important to take action fast when you get CP-22A in the mail.
Final Advice for CP 22A
The challenge with the CP 22A is that it’s delivered to people who typically did not plan on owing the IRS. Usually, no cash was put aside to cover the Tax Debt. You might not have the money to pay the debt outlined in the CP 22A IRS Notice. A Tax Debt Relief professional can help you by getting you an IRS payment plan, an IRS Settlement , a temporary reprieve from collection actions (Currently Non Collectible Status), or even locating a technicality that eliminates tax debt on the whole. It’s a good idea to simply refer to a tax debt resolution professional and find out what your choices are. Sometimes, all that’s needed is a nudge in the right direction to settle your tax debt troubles.
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Source:
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