NOTICE CP24

IRS Notice CP24 is a notice that the IRS sends to taxpayers to notify them of a change to their tax return. This change could be due to a number of reasons, such as a discrepancy between the amount of estimated tax payments shown on the return and the amount the IRS has on record, or an incorrect entry on the tax return itself.

There are a few common reasons why you might receive IRS Notice CP24:

• Incorrect estimated tax payments: If you made estimated tax payments during the year, but the amount you claimed on your tax return does not match the amount the IRS has on record, you may receive IRS Notice CP24. This could be due to a number of factors, such as a miscalculation on your part, or a late or missing payment.
• Incorrect entry on tax return: If you made an incorrect entry on your tax return, such as claiming a deduction that you are not eligible for, or failing to report all of your income, you may receive IRS Notice CP24.
• Other changes: IRS Notice CP24 may also be sent to taxpayers for other reasons, such as to notify them of a change to their refund amount, or to inform them of a penalty or interest charge.

• If you receive IRS Notice CP24, you should carefully review the notice to understand the change that has been made to your tax return. If you agree with the change, you do not need to take any action. However, if you disagree with the change, you should contact the IRS as soon as possible.
• You can contact the IRS by phone at 1-800-829-1040, or by mail at the address listed on your notice. When you contact the IRS, you should have your tax return and IRS Notice CP24 available.

There are a few things you can do to avoid receiving IRS Notice CP24 in the future:

• Make accurate estimated tax payments: If you are required to make estimated tax payments, be sure to calculate your payments accurately and make them on time. You can use the IRS Estimated Tax Payment Worksheet to help you calculate your estimated tax payments.
• Review your tax return carefully: Before you file your tax return, be sure to review it carefully to make sure that all of the information is accurate and complete. If you are unsure about anything, you should consult with a tax professional.
• Keep good records: It is important to keep good records of your income and expenses throughout the year. This will help you to prepare your tax return accurately and avoid any errors.