LETTER 2202

IRS Letter 2202 is a formal notification from the Internal Revenue Service (IRS) that a taxpayer’s federal income tax return has been selected for examination. This is commonly referred to as an audit.

What it means:

An audit is a review of a taxpayer’s tax return to determine if it is accurate and complete. The IRS may audit a return for a variety of reasons, such as:

• To verify income and expenses
• To ensure that all applicable tax laws have been followed
• To collect additional tax that may be owed

• The taxpayer’s return has been randomly selected for audit.
• The taxpayer’s return has been flagged for potential errors or omissions.
• The taxpayer has claimed certain deductions or credits that are frequently audited.
• The taxpayer’s income or expenses have been reported differently on their tax return than on other documents, such as W-2 forms or 1099 forms.

• Contact the IRS as soon as possible to discuss the audit.
• Gather all of the documents that support the information reported on your tax return.
• Be prepared to answer questions about your income, expenses, and deductions.
• Consider hiring a tax professional to represent you during the audit.