IRS Statement Today about Married Couples' Balance Due Notices

By
Services for Real Estate Pros with Richardson Accounting and Tax

The IRS released a statement today that payments for 2021 tax returns were incorrectly applied to joint taxpayer accounts. This means married filing jointly taxpayers. CP 14 notices were mailed out claiming a balance due or showing an incorrect tax liability.

The IRS is advising taxpayers to take no action at the moment. They are currently investigating the problem and working on a solution.

This is a common problem for taxpayers recently. The tax practitioner community has been sounding the alarm about this for some time. It is nice that the IRS is acknowledging the issue, though we will have to wait to see the extent of their full response.

You can read the entire statement on the IRS website here: 

IRS Statement on balance due notices (CP-14)

https://www.irs.gov/newsroom/irs-statement-on-balance-due-notices-cp-14

Posted by

Howard Richardson

IRS and State Tax Representation

Back Taxes | Tax Lien/Levy Removal | Payroll Tax Problems | Sales and Use Tax Problems | Marital Tax Problems | Unfiled Tax Returns | Penalty Relief | Claims for Refund | Tax Audit Defense | Tax Appeals 

Richardson Accounting and Tax

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Torrance, CA 90503

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Comments (1)

Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

Jul 28, 2022 05:31 AM
Howard Richardson

Thanks Joe! Hope it will relieve some stress for taxpayers dealing with this issue. 

Jul 28, 2022 11:42 AM