Glossary

CP77 Notice

The CP77 notice is sent by the IRS to inform taxpayers that their refund has been withheld because of outstanding tax debts or other financial obligations, such as child support or federal student loans. This notice serves as a warning that the refund will not be issued until the debts are resolved.

Key points about CP77:

The notice details the amount of the refund that has been withheld and the reason for the withholding.
Taxpayers are advised to resolve the outstanding debts to claim their refund.
The notice includes contact information for the IRS and other agencies that may be involved.

Taxpayers receiving CP77 should take immediate action to settle their debts to ensure they receive their refund promptly.

Recommendation

CP02 Notice

The CP02 notice informs taxpayers about significant changes to their tax account status, including refunds or amounts owed.

Tax Deficiency

A tax deficiency is the difference between the amount of tax the IRS determines you owe and the amount you reported on your return.

Form 433-B: Collection Information Statement for Businesses

IRS Form 433-B is used by businesses to disclose financial details when applying for IRS payment plans or offers in compromise.

CP2501 Notice: Income Discrepancy Inquiry

IRS CP2501 Notice alerts taxpayers to income discrepancies and requests clarification to prevent additional taxes and penalties.

CP22A Notice

The CP22A notice is sent when the IRS makes changes to a taxpayer’s return, resulting in a balance due.

CP210 Notice

IRS CP210 informs taxpayers that adjustments have been made to their account, which may result in a balance due, credit, or refund.

IRS Form 12153: Request for a Collection Due Process (CDP) Hearing

IRS Form 12153 is used to request a Collection Due Process (CDP) hearing to appeal IRS enforcement actions, such as liens or levies.

CP32A Notice

IRS CP32A notifies taxpayers that their refund check was returned due to an undeliverable address and provides steps to correct the issue.

IRS Letter 668(W): Notice of Levy on Wages, Salary, and Other Income

IRS Letter 668(W) is a Notice of Levy that allows the IRS to garnish wages and other income to satisfy unpaid tax debt.

CP120 Notice

IRS CP120 notifies organizations that their tax-exempt status has been revoked due to failure to file annual returns or notices, and provides steps to reinstate it.