CP722 Notice: Steps to Resolve Your Tax Issue

Last updated 11/01/2024 by

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Summary:

The CP722 Notice from the IRS indicates that changes were made to your tax return for a specific tax year based on your request. As a result, the IRS now states that you owe additional taxes. This notice informs you of the changes, provides details about the amount due, and offers instructions on how to respond or dispute the claim. Understanding the CP722 notice, its implications, and how to address it promptly is essential to avoid further penalties or interest.

Receiving a CP722 Notice from the IRS can feel overwhelming, especially when it informs you that changes have been made to your tax return and that you owe additional taxes. It’s important to address this notice quickly to avoid penalties, interest, and any unnecessary stress. In this guide, we’ll walk you through everything you need to know about the CP722 Notice, explain what it means, and offer clear steps to resolve the issue or dispute the claim if necessary. By understanding the IRS’s reasoning and taking prompt action, you can ensure that your tax situation is handled efficiently and accurately.

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What is the CP722 Notice?

The CP722 Notice is an official communication from the IRS stating that they have made the changes you requested to your tax return for a specific year. As a result of these adjustments, you now owe additional taxes. This notice is typically sent after a taxpayer has requested an amendment or correction to a previous tax filing, either through correspondence with the IRS or by submitting an amended return (Form 1040X).

While this notice may come as a surprise, it is essential to recognize that the IRS only issues a CP722 notice after reviewing the changes made to your return and determining that additional taxes are due. These changes might be a result of your request, such as correcting mistakes or updating certain tax information. However, the IRS’s calculations or review may lead to a different tax liability than expected.

Reasons for receiving the CP722 Notice

There are several reasons why you may receive a CP722 Notice. These include:

Amended return: If you filed an amended tax return (Form 1040X), the IRS may have re-evaluated your tax liability based on new information, resulting in additional taxes owed.
Error correction: If you requested corrections to your tax return to fix errors (e.g., incorrect income or deductions), the IRS might find that you owe additional taxes as a result of the adjustments.
Claim review: Sometimes, taxpayers request adjustments related to tax credits or deductions. The IRS might review these claims and make changes that affect your tax balance.

How the CP722 Notice affects you

The CP722 Notice directly impacts your tax liability by informing you of additional taxes that are now due as a result of changes made to your return. Understanding these implications can help you avoid further complications such as penalties, interest, or enforcement actions by the IRS.

Immediate consequences of the CP722 Notice

Once you receive this notice, it’s important to note the following:

Additional taxes due: The primary impact is the notification that you now owe additional taxes for the tax year specified in the notice. The amount due is typically detailed in the notice, including how the IRS arrived at the revised total.
Potential penalties and interest: If you do not address the balance by the due date, the IRS may begin accruing penalties and interest on the unpaid amount. The longer the balance remains unpaid, the higher the financial impact.
Potential enforcement actions: Ignoring the CP722 Notice may result in more severe actions, such as wage garnishments or levies, to collect the amount owed.

How the CP722 Notice might affect future tax filings

If you do not address the notice, it could also affect future tax filings. For instance:

Delays in processing future returns: Any unresolved tax issues with the IRS can lead to delays in processing future returns and refunds.
Increased scrutiny: Continued issues with unpaid taxes may result in closer scrutiny of your tax filings in the future, leading to additional audits or inquiries.

Pro tip

Always double-check your tax return before submitting any amendments. This will help you avoid unnecessary changes that could result in owing more taxes than anticipated.

What should you do when you receive the CP722 Notice?

Upon receiving the CP722 Notice, it’s essential to respond promptly. Failure to do so could result in penalties, interest, and enforcement actions. Here’s what you should do:

Step-by-step guide to responding to the CP722 Notice

Review the notice carefully: The first step is to thoroughly review the notice to understand the changes the IRS made and why they believe you owe additional taxes.
Verify the changes: Compare the IRS’s changes with your original return and any documentation you have. Make sure the changes made by the IRS are accurate.
Determine your response: If you agree with the changes and the amount owed, you can proceed to make payment. If you disagree, gather your documentation to support your position.
Pay the amount due: If you agree with the changes, you can pay the amount due by the deadline indicated in the notice. The IRS provides several payment options, including online payments, checks, or electronic transfers.
Dispute the changes: If you believe the IRS made an error, you can dispute the changes by submitting a written explanation along with supporting documentation. Be sure to respond by the deadline to avoid penalties.
Contact the IRS if necessary: If you need clarification or have questions about the notice, you can contact the IRS directly using the contact information provided in the notice.

How to respond if you agree with the CP722 Notice

Payment options for the CP722 Notice

If you agree with the IRS’s changes and the amount of taxes owed, it’s essential to pay the balance as soon as possible to avoid additional penalties and interest. The IRS offers several payment options:

Online payment: You can use the IRS’s online payment portal to make an immediate payment using a bank account, credit card, or debit card.
Check or money order: You can mail a check or money order to the IRS using the address provided in the CP722 Notice. Be sure to include your payment voucher and reference the notice number.
Installment agreement: If you cannot pay the full amount immediately, you may be able to set up a payment plan or installment agreement with the IRS. This allows you to pay the balance over time while minimizing penalties.

Avoiding future issues

To prevent future problems, consider reviewing your tax returns carefully before filing. Ensure that all information is accurate, and avoid common errors that could lead to additional taxes owed in the future.

How to respond if you disagree with the CP722 Notice

Disputing the changes made by the IRS

If you believe the IRS has made a mistake in calculating the additional taxes owed, you have the right to dispute the CP722 Notice. Here’s how:

Gather supporting documentation: Collect any documents that support your position, such as proof of income, receipts for deductions, or other relevant tax records.
Submit a written response: Send a written letter to the IRS explaining why you disagree with the changes. Be sure to include your tax identification number, the CP722 Notice number, and copies of your supporting documents.
Request an appeal: If the IRS does not resolve the issue to your satisfaction, you can request an appeal through the IRS’s Office of Appeals. This is an independent body within the IRS that reviews disputes.

Next steps after submitting a dispute

Once you have submitted your dispute, the IRS will review your documentation and respond. During this time, you are not required to make any payments on the disputed amount. However, interest may continue to accrue, so resolving the issue as quickly as possible is advisable.

Pro tip

If you cannot pay the full amount of taxes owed, set up an IRS installment plan as early as possible to avoid penalties and interest from accruing further.

What happens if you ignore the CP722 Notice?

Ignoring a CP722 Notice can have serious consequences. Here are some of the potential outcomes:

Increased penalties and interest: The longer you ignore the notice, the more penalties and interest will accumulate on the balance owed.
Wage garnishments or levies: The IRS has the authority to garnish wages or levy bank accounts to collect unpaid taxes.
Damage to your credit score: Unresolved tax debts can negatively impact your credit score, making it harder to obtain loans or credit in the future.

It’s crucial to respond to the CP722 Notice promptly, even if you disagree with the changes. Taking immediate action can prevent these more severe consequences.

Pro tip

Keep detailed records of all tax communications, including copies of notices, correspondence, and payment confirmations, to ensure smooth dispute resolution if needed.

Potential penalties for not responding to the CP722 Notice

Failure to respond to the CP722 Notice can result in significant penalties. Here’s what you could face:

Late payment penalty: If you do not pay the amount owed by the deadline, the IRS will impose a late payment penalty. This penalty is usually a percentage of the unpaid amount and accrues each month until the balance is paid.
Interest on unpaid taxes: The IRS also charges interest on any unpaid tax balance. This interest is calculated daily and compounds over time.
Enforcement actions: In extreme cases, the IRS may take enforcement actions to collect unpaid taxes, including garnishing your wages or placing a lien on your property.

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Frequently asked questions

Why did I receive a CP722 Notice?

The IRS sent you a CP722 Notice because changes were made to your tax return that resulted in additional taxes owed. These changes could have been initiated by you or may have resulted from an IRS review.

How can I pay the amount owed on a CP722 Notice?

You can pay the amount owed using the IRS’s online payment portal, by mailing a check or money order, or by setting up an installment plan if you cannot pay in full.

What should I do if I disagree with the CP722 Notice?

If you disagree with the changes made to your return, you can submit a written response to the IRS explaining your position. Be sure to include any supporting documentation to back up your claim.

Can ignoring the CP722 Notice affect my credit score?

Yes, ignoring the CP722 Notice can potentially affect your credit score, though not directly. While the IRS does not report tax debt to credit bureaus, unpaid tax liabilities can lead to actions such as liens. A federal tax lien is a legal claim against your property due to an unpaid tax debt. Once a lien is filed, it becomes public record, and credit bureaus may pick up on this, indirectly impacting your creditworthiness.

Can I set up a payment plan if I can’t pay the full amount?

Yes, if you are unable to pay the full amount of taxes owed, the IRS offers installment agreements to help you pay your tax debt over time. You can request a short-term payment plan (for balances under $100,000) or a long-term installment agreement (for balances under $50,000) by applying online or by mail. Be mindful that while this option helps you manage the debt, interest and penalties will continue to accrue until the balance is paid in full.

How long do I have to respond to the CP722 Notice?

Typically, the CP722 Notice will specify a deadline by which you must respond or pay the balance due. This is generally 30 days from the date of the notice, but it’s important to check the specific date mentioned on your notice.

Can I appeal the IRS’s decision?

Yes, if you disagree with the IRS’s assessment, you have the right to appeal the decision. After reviewing the notice and gathering supporting documentation, you can file a formal appeal through the IRS Office of Appeals. This independent office reviews disputes between taxpayers and the IRS, aiming to resolve issues without litigation.

Need help understanding other IRS letters and notices? Visit our comprehensive guide to IRS Letters and Notices or search for the document you received in the table below.

IRS Letter or Notice Number

Notice Description

CP01	The IRS verified your claim of identity theft and will monitor your account.
CP01H	The IRS received a tax return with a social security number that belongs to a dead person.
CP02H	Money is due on an amended return based on a grant received due to Hurricane Katrina, Rita, or Wilma.
CP03C	You received the First-Time Homebuyer Credit for a house you purchased.
CP04	You may be eligible for tax deferment because either you or a spouse served in a combat zone, a qualified contingency operation, or a hazardous duty station during the tax year specified on your notice.
CP08	You may be entitled to additional money due to the Additional Child Tax Credit.
CP10	Your tax return changed due to a miscalculation, and the refund you wanted to apply to an estimated tax payment has changed.
CP10A	Your tax return changed due to a miscalculation of the Earned Income Credit, and the refund you wanted to apply to an estimated tax payment has changed.
CP11	You owe money because the IRS amended your return due to a miscalculation.
CP11A	Your tax return changed due to a miscalculation of the Earned Income Credit, and the refund you wanted to apply to an estimated tax payment also changed.
CP11M	Your tax return changed due to a miscalculation of the Making Work Pay and Government Retiree Credit, and the refund you wanted to apply to an estimated tax payment has changed.
CP12	You are due a bigger refund because the IRS corrected one or more mistakes on your tax return.
CP12A	The IRS made changes to correct the Earned Income Credit (EIC) claimed on your tax return.
CP12E or CP12F	The IRS corrected a miscalculation on your return.
CP12M	The IRS made changes to the computation of the Making Work Pay and/or Government Retiree Credits on your return.
CP12R	The IRS made changes to the computation of the Rebate Recovery Credit on your return.
CP13	The IRS made changes to your return due to a miscalculation. There is no refund or amount due. Your balance is zero.
CP13A	The IRS made changes to your return due to a miscalculation of the Earned Income Credit. There is no refund or amount due. Your balance is zero.
CP13M	The IRS made changes to your return due to a miscalculation of the Making Work Pay credit or the Government Retiree Credit. There is no refund or amount due. Your balance is zero.
CP13R	The IRS made changes to your return due to a miscalculation of the Recovery Rebate Credit. There is no refund or amount due. Your balance is zero.
CP14	You owe money on unpaid taxes.
CP16	The IRS made changes to your return due to a miscalculation. The refund you were due was applied to other tax debts.
CP21A	You owe money due to the changes you requested that the IRS make on your tax returns.
CP21B	You are due a refund due to the changes you requested that the IRS make on your tax returns. The money should arrive within 2 to 3 weeks.
CP21C	The IRS made the requested changes to your tax return. You will not receive a refund, and there is no tax due. Your balance is zero.
CP21E	As a result of your recent audit, the IRS made changes to your tax return, and you owe money as a result of those changes.
CP21I	The IRS made changes to your tax return relating to the Individual Retirement Arrangement (IRA) taxes. You owe money due to the changes.
CP22A	The IRS made the changes you requested, and you owe money as a result.
CP22E	As a result of your recent audit, the IRS changed your tax return, and you now owe money.
CP22I	The IRS made changes to your tax return relating to the Individual Retirement Arrangement (IRA) taxes. You owe money due to the changes.
CP23	The IRS changed your return because there was a difference between the amount of estimated tax payments listed on your tax return and the amount actually posted to your account. You owe taxes due to these changes.
CP24	The IRS changed your return because there was a difference between the amount of estimated tax payments listed on your tax return and the amount actually posted to your account. This resulted in an overpayment of estimated taxes.
CP24E	The IRS changed your return because there was a difference between the amount of estimated tax payments listed on your tax return and the amount actually posted to your account. This resulted in an overpayment of estimated taxes.
CP25	The IRS changed your return because there was a difference between the amount of estimated tax payments listed on your tax return and the amount actually posted to your account. You are not due a refund, nor do you owe any money. Your balance is zero.
CP31	You need to update your address because your refund check was returned to the IRS.
CP45	The IRS was unable to apply your overpayment to your estimated tax as you requested.
CP49	The IRS used all or part of your refund to pay a tax debt.
CP53	Your refund check will be sent by mail because the IRS can’t provide your refund through direct deposit.
CP57	The bank declined your payment, so the IRS was unable to draft funds from your bank account.
CP71	A reminder of the amount you owe in tax, penalty, and interest.
CP71A	A reminder of the amount you owe in tax, penalty, and interest.
CP71C	A reminder of the amount you owe in tax, penalty, and interest.
CP71D	A reminder of the amount you owe in tax, penalty, and interest.
CP88	The IRS is holding your refund because you haven't filed one or more tax returns, and it believes you will owe tax.
CP90	The IRS is notifying you of its intent to levy certain assets for unpaid taxes. You have the right to dispute the levy in a Collection Due Process hearing.
CP91	The IRS will levy up to 15% of your social security benefits for unpaid taxes.
CP120	The IRS needs documentation of your tax-exempt status.
CP120A	Your organization’s tax-exempt status has been revoked because it failed to file a Form 990 series return for three consecutive years.
CP130	You may no longer need to pay the Alternative Minimum Tax (AMT) because your tax return filing requirements changed.
CP152	The IRS received your return.
CP153	The IRS will send your refund by mail because your direct deposit did not go through.
CP161	You have an unpaid balance due to the IRS.
CP166	Your monthly payment to the IRS did not go through due to insufficient funds in your bank account.
CP178	You may no longer owe excise tax because your tax return filing requirements changed.
CP231	You need to update your address because your refund was returned to the IRS.
CP259	You did not file the business tax return identified in the notice.
CP259A	You should have filed these forms but did not – Form 990/990-EZ, Return of Organization Exempt From Income Tax, or Form 990-N (e-Postcard).
CP259B	The IRS requires you to file these forms but did not – Form 990-PF, Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation.
CP259C	The IRS believes that you are a private foundation, but did not file the required Form 990-PF, Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation.
CP259D	You must file this form, but you did not – Form 990-T, Exempt Organization Business Income Tax Return.
CP259E	You should have filed this form, but you did not – Form 990-N (e-Postcard) or Form 990/990-EZ, Return of Organization Exempt From Income Tax.
CP259F	The IRS requires you to file this form but did not – Form 5227, Split-Interest Trust Information Return.
CP259G	The IRS requires you to file this form, but you didn’t – Form 1120-POL, U.S. Income Tax Return for Certain Political Organizations.
CP259H	As a tax-exempt political organization, you must file this form, but you did not – Form 990/990-EZ, Return of Organization Exempt From Income Tax.
CP276A	You submitted your tax liability schedule incorrectly. The IRS typically charges a Federal Tax Deposit (FTD) penalty for this but did not this time.
CP276B	The IRS did not receive the correct amount of tax deposits. It normally charges a Federal Tax Deposit (FTD) penalty but did not this time.
CP297	The IRS is notifying you of its intent to levy certain assets for unpaid taxes. You have the right to dispute the levy at a Collection Due Process hearing.
CP297A	The IRS has levied your assets for unpaid taxes. You have the right to dispute the levy at a Collection Due Process hearing.
CP298	The IRS notifying you of its intent to levy up to 15% of your social security benefits for unpaid taxes.
CP501	You have a balance due on one of your tax accounts.
CP503	You have an unpaid balance on one of your accounts, and the IRS has not heard from you.
CP504	You have an unpaid amount due on your account. If you do not pay immediately, the IRS will levy your state income tax refund to apply it to the amount you owe.
CP504B	You have an unpaid amount due on your account. If you do not pay immediately, the IRS will levy certain property or rights to property to apply it to the amount you owe.
CP521	A reminder that you have an installment agreement payment due.
CP523	You have defaulted on your payment agreement. Therefore the IRS is terminating the agreement and will levy your assets.
CP601	Usted tiene un saldo pendiente de pago (dinero que le debe al IRS) en una de sus cuentas contributivas.
CP603	No hemos recibido respuesta de parte de usted y todavía tiene un saldo sin pagar en una de sus cuentas contributivas.
CP604	Usted tiene un saldo sin pagar en su cuenta. De no pagar esta cantidad inmediatemente, el IRS embargará cualquier reembolso de impuestos estatales al que tenga derecho y aplicarlo al pago de su deuda.
CP604B	Usted tiene un saldo sin pagar en su cuenta. De no pagar esta cantidad inmediatemente, el IRS embargará ciertas propiedades o derechos de propiedad y lo aplicará al pago de su deuda.
CP621	Este aviso es para notificarle que usted tiene un plan de pagos a plazos vencido. Por favor, envíe el pago inmediatamente.
CP623	Este aviso es para informarle nuestra intención de cancelar su plan de pagos a plazos y confiscar (embargar) sus bienes. Usted incumplió en su acuerdo.
CP711	Nosotros realizamos cambios a su planilla debido a que entendemos que hubo un cálculo erróneo. Como resultado de estos cambios, usted adeuda dinero por sus contribuciones.
CP721	Hicimos el(los) cambio(s) que usted solicitó a su declaración de impuestos para el año tributario que aparece en su aviso. Como resultado de éste(estos) cambio(s) usted debe dinero en sus impuestos.
CP722	Hicimos el(los) cambio(s) que usted solicitó a su declaración de impuestos para el año tributario que aparece en su aviso. Como resultado de éste(estos) cambio(s) usted debe dinero en sus impuestos.
CP771	Usted recibió este aviso para recordarle sobre la cantidad que adeuda en contribuciones, multas e intereses.
CP772	Usted recibió este aviso para recordarle sobre la cantidad que adeuda en contribuciones, multas e intereses.
CP773	Usted recibió este aviso para recordarle sobre la cantidad que adeuda en contribuciones, multas e intereses.
CP774	Usted recibió este aviso para recordarle sobre la cantidad que adeuda en contribuciones, multas e intereses.
CP959	Usted no radicó su planilla de contribución de negocios identificada en este aviso.
CP2000	The income or payment information on file doesn’t match your tax return. The discrepancy may result in an increase or decrease in your tax due.
CP3219A	The IRS has received information that is different from what you reported on your tax return. This may result in an increase or decrease in your tax.
CP3219N	The IRS didn’t receive your tax return, so it calculated your return based on the information received from employers, financial institutions, and others. If you want to challenge the proposed tax, you have 90 days from the date of this notice. If you are outside the country, you have 150 days.
Letter 0012C	The IRS needs additional information to process your tax return.
Letter 0484C	The IRS wants a completed
Letter 0525	Updates you on proposed changes after an IRS examination. Any changes are explained and details the refund due or taxes owed.
Letter 531	IRS Notice of Deficiency. The information the IRS received about you was different from what you reported on your return.
Letter 0668D(LP 68)	The IRS released their levy.
Letter 0549C	Your tax bill was paid.
Letter 0681C	The IRS accepted your payment proposal. However, this is not a formal Installment Agreement.
Letter 0757C	You did not adhere to the terms of your Installment Agreement.
Letter LT 11	The IRS plans to seize your property or rights to property.
Letter 1058	The IRS has not received your payment. It plans to seize your property or rights to property.
Letter 1615 (LT 18)	You must respond to the IRS within 10 days of this notice regarding past due tax returns.
Letter 1737 (LT 27)	Complete and sign Form 433F, Collection Information Statement.
Letter 1961C	Your application for a Direct Debit Installment Agreement was declined. It explains why and what you need to do to qualify.
Letter 1962C	Your application for a
Letter 2050 (LT 16)	The IRS is trying to collect unpaid taxes from you from returns that have been filed or from returns that have not been filed.
Letter 2257C	The IRS is providing the payoff amount that you requested.
Letter 226-J	An IRS letter to large employers notifying them that they may be liable for an Employer Shared Responsibility Payment (ESRP).
Letter 2271C	A request for an Installment Agreement has been approved. It explains the fees and how to qualify for a Low Income Fee Reduction. The letter may also request missing information.
Letter 2272C	An IRS letter explaining why your request to pay the balance due in installments was declined.
Letter 2273C	A confirmation letter of your request to pay the balance due in installments. It contained the amount to pay, fees charged, and where to send payment. Instructions on how to apply for the Low Income Fee Reduction included.
Letter 2318C	A response to a request to pay taxes due to payroll deductions. It also explains the fees that are charged.
Letter 2357C	The IRS is admitting that it did not send you the balance due notices that it should have.
Letter 2603C	The IRS accepted your installment agreement. The IRS will file a Notice of Federal Tax Lien on your personal property.
Letter 2604C	The IRS has accepted your request for installment payments. This IRS letter provides the monthly payment, the address where to send it, and the fees charged. The letter also provides instructions on how to apply for the Low Income Fee Reduction.
Letter 2761C	The IRS is requesting your combat zone service dates to ensure that it provides you with the special provisions and protection of the combat zone deferment. Copies of military orders or other documentation to support your time served may be requested. Civilians working in support of the Armed Forces may be required to provide a Letter of Authorization or a letter from their employer.
Letter 2789C	An annual reminder notice, as required by law, of the balance due to the IRS. It explains that penalties and interest continue to accrue until the balance is fully paid.
Letter 2840C	Confirms your Installment Agreement request and includes the payment amount and due date. This IRS letter explains the fees charged for paying monthly and explains how to apply for the Low Income Fee Reduction (if you qualify).
Letter 3030C	Provides an explanation of the tax, penalty, and interest still due on your account.
Letter 3127C	A confirmation of your request to make a change to your Installment Agreement. This IRS letter explains the fees for the change. Changes can be to the payment amount or due date, or it can include additional liabilities.
Letter 3174	A reminder of taxes due after the IRS has sent a Notice of Intent to Levy.
Letter 3217C	The IRS has accepted your request to pay the balance in installments. This IRS letter provides your payment amount, the due date, and fees charged. The letter also provides instructions on applying for the Low Income Fee Reduction (if you qualify).
Letter 3228 (LT 39)	A request to pay the balance due within 10 days using the envelope provided.
Letter 3500	The IRS has received your documents, and it needs additional time to review them.
Letter 3572	Your Federal Income Tax Return has been selected for examination. The IRS auditor requests that you call to schedule an audit appointment.
Letter 4883C	The IRS received your federal income tax return but needs more information to verify your identity in order to process your tax return accurately.
Letter 4903 (LT 26)	You must file your tax returns immediately. The IRS has previously contacted you, but it did not receive a response.
Letter LP 47	The IRS is trying to locate the person identified in the letter and is requesting that you provide their new address.
Letter LP 59	The IRS has not received a response to the notice of levy it previously sent.
Audit Letter 2205	The IRS manages audits either by mail or through an in-person interview to review your records. The interview may be at an IRS office (office audit) or the taxpayer’s home, place of business, or accountant’s office (field audit).
Letter 915	You recently underwent an audit, and the IRS informs you that you now owe taxes.

Key takeaways

The CP722 Notice informs you that changes were made to your tax return, resulting in additional taxes owed.
It is important to review the notice carefully and verify the accuracy of the IRS’s changes.
You can pay the amount owed using various methods, including online payments, installment plans, or mailed checks.
If you disagree with the notice, you can dispute the IRS’s findings by providing supporting documentation.
Ignoring the CP722 Notice can lead to penalties, interest, wage garnishments, or tax liens, which could indirectly impact your credit score.

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