{"id":3969,"date":"2020-10-29T08:56:16","date_gmt":"2020-10-29T08:56:16","guid":{"rendered":"https:\/\/www.irstaxapp.com\/?p=3969"},"modified":"2020-10-29T08:56:59","modified_gmt":"2020-10-29T08:56:59","slug":"how-to-handle-cp2000-notice","status":"publish","type":"post","link":"https:\/\/www.irstaxapp.com\/how-to-handle-cp2000-notice\/","title":{"rendered":"How to handle cp2000 notice?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><picture><source srcset=\"https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice-600x387.webp 600w,https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice-300x194.webp 300w,https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice-768x496.webp 768w,https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice-150x97.webp 150w,https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice.webp 784w\" sizes=\"(max-width: 784px) 100vw, 784px\" type=\"image\/webp\"><img src=\"https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice.png\" height=\"506\" width=\"784\" srcset=\"https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice-600x387.png 600w, https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice-300x194.png 300w, https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice-768x496.png 768w, https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice-150x97.png 150w, https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2020\/10\/cp2000-notice.png 784w\" sizes=\"(max-width: 784px) 100vw, 784px\" class=\"wp-image-3977 sp-no-webp\" alt=\"cp2000 notice\" decoding=\"async\" loading=\"lazy\"  > <\/picture><\/figure>\n\n\n\n<p>Before we learn about way of responding the CP2000 notice , let us first understand what is a CP2000 notice , why it is issued and how long it takes to resolve such a notice .<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-662d98b2e54fe\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-662d98b2e54fe\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.irstaxapp.com\/how-to-handle-cp2000-notice\/#What_is_a_CP2000_notice\" title=\"What is a CP2000 notice?\">What is a CP2000 notice?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.irstaxapp.com\/how-to-handle-cp2000-notice\/#Is_CP2000_notice_considered_a_notice_after_IRS_audit\" title=\"Is CP2000 notice considered a notice after IRS audit ?\">Is CP2000 notice considered a notice after IRS audit ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.irstaxapp.com\/how-to-handle-cp2000-notice\/#How_long_does_it_take_to_resolve_a_CP2000_notice\" title=\"How long does it take to resolve a CP2000 notice ? \">How long does it take to resolve a CP2000 notice ? <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.irstaxapp.com\/how-to-handle-cp2000-notice\/#How_to_handle_a_CP2000_notice\" title=\"How to handle a CP2000 notice?\">How to handle a CP2000 notice?<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_CP2000_notice\"><\/span>What is a CP2000 notice?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Under the Internal Revenue Code, in many types of income, persons paying you amounts are required to report such an income to IRS  in a designated forum. So, when you receive Form W2, Form 1099-MISC, Form 1099-DIV, Form 1099-INT, 1098, 5498, etc., IRS also get one copy electronically. The data in these forms are matched with the tax return filed by you. IRS generally does this matching work three times in a year and if the system finds out any discrepancy in reporting the income a notice is issued you . This is  IRS CP2000 notice  wherein based on the mismatched data ,  additional taxes, penalties, and interest my be proposed vide CP2000. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_CP2000_notice_considered_a_notice_after_IRS_audit\"><\/span>Is CP2000 notice considered a notice after IRS audit ?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-background\" style=\"background-color:#fff7e3\">The simple answer is: No. A CP 2000  notice is issued by a machine verified mismatch in your reported income with the authentic data available with IRS. So, the CP2000  can not be equated with a notice of demand after an IRS audit.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_long_does_it_take_to_resolve_a_CP2000_notice\"><\/span>How long does it take to resolve a CP2000 notice ? <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-background\" style=\"background-color:#d9fcee\">Generally speaking, <strong>six months<\/strong>. Once you receive the notice and filed a timely response, then the issue will resolve quickly. In general, it takes one to six months depending upon the backlog with IRS and how quickly you responded to CP2000.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"tve-jump-170215ff2f8\"><span class=\"ez-toc-section\" id=\"How_to_handle_a_CP2000_notice\"><\/span>How to handle a CP2000 notice?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>First thing is to file a reply \/response in a timely manner. After examining the notice carefully, if you find any error or mistake in the notice, file a dispute to any penalties. <\/p>\n\n\n\n<p>If you missed the CP2000 deadline,  request reconsideration by following CP2000 reconsideration procedures.<\/p>\n\n\n\n<p>Taxpayers can request by filing <a href=\"https:\/\/www.irs.gov\/pub\/irs-pdf\/f656l.pdf\" target=\"_blank\" rel=\"noopener\">Form 656-L <\/a>to IRS  for reconsidering the CP2000 through an Offer in compromise- doubt as to liability.<\/p>\n\n\n\n<div style=\"width: 640px; height: 480px; margin: 10px; position: relative;\"><iframe allowfullscreen frameborder=\"0\" style=\"width:640px; height:480px\" src=\"https:\/\/lucid.app\/documents\/embeddedchart\/d0b63365-7991-495c-b1b9-8cf44dcc8762\" id=\"vteJtJybSby5\"><\/iframe><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Can you appeal a CP2000 disagreement?<\/strong><\/h3>\n\n\n\n<p>You can request an IRS appeal if the IRS tax examiner disagrees with the response. <em>I<\/em>f the IRS disagrees and you do not request an appeal, the IRS may automatically proceed to assessing the tax. If you timely request an appeal, the IRS must send your case to the IRS Office of Appeals for reconsideration. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is best way to deal with CP2000 notice<\/p>\n","protected":false},"author":1,"featured_media":3977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[118],"tags":[1418,1416],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/3969"}],"collection":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/comments?post=3969"}],"version-history":[{"count":0,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/3969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media\/3977"}],"wp:attachment":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media?parent=3969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/categories?post=3969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/tags?post=3969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}