The tax code is full of confusing terms, and it seems that they are always changing. If you have tax debt and the IRS is coming after you, then you may receive a CP3219A notice. What is it and how does it affect your taxes?
What is a CP3219A notice?
The CP3219A is a tax notice sent by the Internal Revenue Service when an account presents discrepancies that need to get resolved. This tax notice is different from a tax bill because it only indicates that there are issues with the tax return. It does not actually indicate how much you owe or what your payment plan needs to be at this point in time. You need to respond to the tax notice within 30 days in order to avoid any issues.
What tax issues can get you a CP3219A?
There are many reasons why the IRS may send out a tax notice. Common tax issues that could result in this type of tax notice include missing brokerage statements, tax debt and tax return mistakes. Also, missing dividend and interest income, invalid tax withholding and tax return errors may result in a CP3219A.
What should you do when you receive a tax notice?
If you receive a tax notice, it is important that you address the issues right away. Otherwise, the IRS will keep sending you tax notices until you resolve the issue. Note that you’ll also get informed of your right to file a petition with the tax court if you feel that the organization is assessing your tax wrongfully.
Whether you have a tax debt or not, it is extremely important to respond to tax notices sent by the IRS, including the CP3219A tax notice. You wouldn’t want to face tax penalties, interest and other issues that you can avoid.