A correspondence audit through the mail is commenced when an error on your tax return is uncovered by the IRS computers. You will be told of the discrepancy on an IRS notice and you will be asked to submit documents to substantiate the tax return. You will either be issued a refund or asked to settle the additional taxes if the error is mathematical.
Be prepared against IRS problems and audits by always making copies of your return and its attached documentation. Cooperate with a correspondence audit.
No matter what the IRS�s request is, make sure you compare a copy of the return with what's written on the IRS notice to verify the necessity of a correction or the need of additional taxes. Do not automatically send the requested money without further inquiries. They can make mistakes too.
Follow the instructions in the IRS notice promptly. Ignoring it will only make things worse.
If you don't agree with the IRS notice, follow the directions on it in a timely manner. Other documents should be attached. On the other hand, if you agree with it, simply sign and date the IRS notice and send it with the correct payment.
If you disagree with the notice, the IRS will evaluate your claim, and if it is allowed, you will be notified and the audit with stop. An Examination Report will be sent to you if the IRS disallows your claim, and you have 30 days to accept the changes and sign it or ask for an appeal.
If you have queries regarding the audit, you can contact the name and number that is listed on the notice or write to the auditor,requesting for him to contact you.
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