NOTICE CP134B

Notice CP134B is a letter sent by the Internal Revenue Service (IRS) to notify taxpayers that their tax account has been adjusted due to a discrepancy between the amount of federal tax deposits credited to their account and the amount reported on their tax return. This notice will show a balance due, and taxpayers are required to pay the amount in full by the due date listed on the notice to avoid additional interest and penalty charges.

There are several reasons why taxpayers may receive Notice CP134B, including:

• Failure to make timely or accurate federal tax deposits. This is the most common reason for receiving this notice.
• Penalties and interest applied to a taxpayer’s account.
• Payments made to the wrong tax period.
• Mathematical errors on the taxpayer’s tax return.
• Discrepancies between the taxpayer’s records and the IRS’s records.

• If you receive Notice CP134B, the first step is to review the notice carefully to understand the discrepancy between your records and the IRS’s records. If you agree with the information on the notice, you should pay the amount due in full by the due date to avoid additional interest and penalty charges.
• If you disagree with the information on the notice, you can contact the IRS to discuss the discrepancy. You may need to provide the IRS with additional documentation to support your claim.

How to pay Notice:

• You can pay Notice CP134B online, by phone, or by mail.
• To pay online, you can visit the IRS website and use the Direct Pay or Pay by Check or Money Order options.
• To pay by phone, you can call the IRS at 1-800-829-1040.
• To pay by mail, send your payment to the address listed on the notice. Make sure to include your taxpayer identification number, tax form number, and the tax period on your payment.

If you cannot afford to pay the full amount due:

• If you cannot afford to pay the full amount due by the due date, you can contact the IRS to discuss payment options. You may be able to set up a payment plan or request a hardship extension.

• Respond to Notice CP134B promptly. If you do not respond by the due date, the IRS may take collection action against you.
• Keep a copy of all correspondence and records related to Notice CP134B.
• If you need assistance, contact a qualified tax professional.