NOTICE CP220

Notice CP220 is an IRS notice that informs you that the IRS has made changes to your tax return. The IRS may have made changes to your return for a variety of reasons, such as:

• You made a mistake on your return.
• The IRS has new information that affects your taxes.
• The IRS is reviewing your return for other reasons.

Here are some of the most common reasons why you might receive Notice CP220:

• You claimed a deduction or credit that you are not eligible for.
• You made a math error on your return.
• You did not report all of your income.
• You claimed a dependency exemption that you are not entitled to.
• You did not pay all of the taxes you owe.
• The IRS has new information about your income or deductions, such as a W-2 form from an employer that you did not report on your return.
• The IRS is reviewing your return for other reasons, such as because it was flagged for fraud or because you have a history of tax problems.

If you receive Notice CP220, you should carefully review the notice to understand the changes that the IRS has made to your return. If you agree with the changes, you should pay any additional taxes that you owe by the due date on the notice.

If you disagree with the changes, you can contact the IRS to discuss the matter. You may also want to consider hiring a tax professional to help you.

The best way to avoid receiving Notice CP220 is to file your tax return accurately and on time. You should also keep good records of your income and deductions so that you can support any claims that you make on your return.