Jessica Walrack
Jessica Walrack is a personal finance writer at SuperMoney, The Simple Dollar, Interest.com, Commonbond, Bankrate, NextAdvisor, Guardian, Personalloans.org and many others. She specializes in taking personal finance topics like loans, credit cards, and budgeting, and making them accessible and fun.
articles from Jessica
240 posts
How to Respond to IRS Letter LT11
Published 12/15/2018 by Jessica Walrack
If you receive IRS Letter LT11, it means you are experiencing some trouble with Uncle Sam. Don’t panic. As long as you respond in a satisfactory manner, you can resolve the problem without having your property seized. What are your options for responding? Here are four you should know.
How to Respond to IRS Letter 1058
Published 12/15/2018 by Jessica Walrack
You can only owe money to the IRS for so long before they take action. IRS Letter 1058 is the final step in the process of levying your wages and/or seizing your property. So what should you do if you receive this letter? Remain calm. Here’s what you need to know.
How to Respond to IRS Letter 3500 – Interim Letter
Published 12/15/2018 by Jessica Walrack
Here are the basics.
How to Respond to IRS Letter 4883C
Published 12/15/2018 by Jessica Walrack
Did you take all the necessary steps to file your tax return but have now received an IRS Letter 4883C? Are you wondering what the problem is and how you can fix it? Don’t panic. The IRS notice 4883C simply aims to verify your identity to prevent identity theft. Here’s what you need to do.
How to Respond to IRS 30-Day-Letter 915
Published 12/14/2018 by Jessica Walrack
Have you received a 30-day letter from the IRS Letter 915? If so, it means you recently underwent an audit and now owe taxes. While not the most pleasant news, it is important to open the letter and respond promptly.
How to Respond to IRS Letter 3572
Published 12/14/2018 by Jessica Walrack
If you receive letter 3572 from the IRS, it means that the federal income return for the year shown on the notice has been selected for further examination. I know it’s not the news you were probably hoping for but don’t panic. You will get through it.
How to Respond to IRS Examination Report (IRS Letter 525)
Published 12/13/2018 by Jessica Walrack
If you have recently undergone an audit with the IRS, you will receive an examination report in the mail (Letter 525). This report will share the proposed changes to your tax return which may include additional tax and penalties. If you are wondering what to do next, here’s some guidance on how to respond to IRS Examination Reports.
How to Respond to IRS Selected for Examination Letter 2205
Published 12/12/2018 by Jessica Walrack
Did you receive IRS letter 2205 from the IRS stating that you’ve been selected for an examination (i.e. audit)?
How to Respond to IRS Notice of Underreported Income CP-2000
Published 12/12/2018 by Jessica Walrack
Once you file your taxes, you can breathe a sigh of relief. The big task is done for the year. However, your taxes aren’t safe from further assessments until three years after you file them. You may receive a notice which requires you to dig back in. One such notice is for underreported income (CP-2000).
How to Respond to an IRS Audit Letter (Letter 2202)
Published 12/12/2018 by Jessica Walrack
The number of audits that still resulted in a refund in 2018.