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IRS Letter 1731 (LP 64): What It Is and How to Respond

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Last updated 10/30/2024 by
SuperMoney Team
Fact checked by
Ante Mazalin
Summary:
The IRS sends Letter 1731 (LP 64) to inform taxpayers of discrepancies or changes related to their tax return or account. Receiving this notice means the IRS has flagged an issue, such as a balance due, refund adjustment, or questions regarding your identity. It’s crucial to review the letter thoroughly and take any necessary actions to resolve the situation. Ignoring this notice could lead to penalties, interest accruals, or further complications with the IRS. This article explains the steps to take if you receive Letter 1731 (LP 64), common scenarios, and the best ways to respond.
Receiving a notice from the IRS, like Letter 1731 (LP 64), can create confusion and stress, especially if you’re unsure what it means or how to respond. The IRS issues these notices to inform taxpayers of changes, questions, or potential problems with their tax returns or accounts. This letter could relate to a balance due, a refund adjustment, or the need for further verification of your identity. In this guide, we’ll break down the details of Letter 1731 (LP 64), explain the possible reasons for receiving it, and provide a step-by-step approach to resolve the issue swiftly and efficiently.

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What is IRS letter 1731 (LP 64)?

Letter 1731 (LP 64) is an official communication from the IRS, usually sent when there are discrepancies or concerns related to your tax return. The letter could cover various issues, such as changes to your tax return, an outstanding balance, or questions about your identity. The IRS sends this letter to alert you to the issue and to instruct you on how to proceed to resolve it.
This notice may be triggered by several factors:
Unpaid taxes: The IRS sends this notice if there’s a balance due on your account.
Changes to your tax return: If the IRS has adjusted your return, you’ll receive this letter explaining what has been changed and why.
Verification requests: In some cases, the IRS may need to verify your identity to ensure your tax return is legitimate.
Processing delays: If there’s a delay in processing your return, you may be notified through Letter 1731.
The CP or LTR number, usually found in the upper right-hand corner of the letter, helps identify the specific issue, making it easier to search for relevant details on the IRS website.
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Common reasons for receiving letter 1731 (LP 64)

There are several reasons why you may receive IRS Letter 1731. These include:

You have a balance due

One of the most common reasons for receiving this notice is an outstanding balance on your account. The letter will specify the amount owed and include a due date by which the payment must be made. Failing to pay by this date can result in additional interest and penalties, so it’s crucial to address the balance promptly. If you are unable to pay the full amount, the IRS offers options such as payment plans to help you manage the debt over time.

Your refund has been adjusted

If the IRS determines that there was an error in calculating your refund, you might receive Letter 1731. This could happen if you made a mistake on your return, such as entering the wrong income or deduction amounts. The letter will detail the changes the IRS made to your return and how those changes affect your refund. If you agree with the adjustment, no further action is required. However, if you disagree, you will need to respond with supporting documentation to dispute the changes.

Identity verification

In some cases, the IRS may send Letter 1731 (LP 64) because they need to verify your identity. This is often a precautionary measure taken to prevent identity theft and fraud. If your return contains unusual activity or discrepancies, the IRS may ask you to provide additional information to confirm that the return was filed by you. This verification process is essential for safeguarding your account and ensuring that your tax return is processed correctly.

Corrections or changes to your return

The IRS might have made corrections to your tax return based on information they received from third parties, such as your employer or bank. For instance, if your reported income doesn’t match the W-2 or 1099 forms that the IRS has on file, they may adjust your return accordingly. In such cases, the letter will outline the changes and provide an explanation. If you agree with the corrections, you can simply note the changes for your records. If you disagree, you’ll need to contact the IRS and provide evidence supporting your original filing.

Delays in processing

Sometimes, Letter 1731 is sent to inform you of delays in processing your tax return. This could be due to various factors, such as additional reviews, verification processes, or system backlogs at the IRS. If your refund is delayed, the letter will provide an updated timeline or additional information the IRS may need from you to move forward. Patience is key, but it’s also important to respond promptly if the letter requests further documentation or clarification.

Pro Tip

Set up IRS account alerts online to get real-time notifications on any changes to your tax return or account. This helps you stay updated on adjustments and due dates.

Steps to take when you receive letter 1731 (LP 64)

Upon receiving Letter 1731 (LP 64), it’s essential to follow these steps to resolve the issue effectively:

Read the letter carefully

The first step is to carefully review the letter to understand the nature of the issue. Check the CP or LTR number at the top of the notice and use it to search for more details on the IRS website if necessary. This will help clarify why the IRS contacted you and what actions are required on your part.

Compare the information

If the letter indicates that there have been changes or corrections to your tax return, compare the details provided with your personal records. Check whether the income, deductions, or other items mentioned in the notice match what you submitted. If the IRS made adjustments, verify whether they are accurate and consistent with your own calculations.

Take action

Depending on the situation, you may need to take action. For example, if the letter states that you owe a balance, make arrangements to pay the amount due before the deadline to avoid further penalties. If the letter requests additional documentation, such as proof of identity, gather the necessary documents and submit them to the IRS as instructed.

Dispute the notice if necessary

If you disagree with the IRS’s findings, you can dispute the notice by following the instructions provided in the letter. Be sure to include all relevant documentation to support your position. It’s essential to respond by the deadline stated in the letter to preserve your appeal rights and avoid any unnecessary penalties.

Keep the letter for your records

After reviewing and addressing the letter, make sure to keep it in your records. IRS communications are important documents that may be needed in the future if there are further issues or questions about your tax account.

Pro Tip

Always review IRS notices as soon as you receive them. Early action can prevent additional penalties or interest from accumulating on unresolved issues.

How to handle a balance due

If you receive Letter 1731 because you owe taxes, it’s important to act swiftly to avoid additional charges. Here’s how to handle the situation:

Confirm the amount

Before making any payments, ensure that the amount the IRS claims you owe is correct. Compare it to your tax return and any supporting documents. If you agree with the amount, follow the payment instructions provided in the letter.

Set up a payment plan if needed

If you can’t pay the full balance by the due date, the IRS offers several options to help you manage your debt. You can apply for a payment plan that allows you to pay the balance over time in monthly installments. Keep in mind that interest and penalties will continue to accrue until the balance is paid in full.

Pay as much as you can

Even if you can’t pay the full amount immediately, try to pay as much as you can by the due date. This will help reduce the amount of interest and penalties that accumulate. The IRS offers multiple payment methods, including online payments through IRS Direct Pay or by check or money order.

Request penalty relief

In some cases, the IRS may offer penalty relief if you can show that you have reasonable cause for not paying on time. If you’ve had a significant financial hardship or other extenuating circumstances, you may qualify for this relief. Contact the IRS to see if you are eligible and what steps are needed to apply.

How to dispute IRS letter 1731 (LP 64)

If you disagree with the notice, disputing it can help resolve the issue and protect your rights. Here’s what you need to know:

Respond by the due date

To preserve your appeal rights, you must respond to the notice by the due date listed in the letter. Missing this deadline could result in penalties or additional enforcement actions. Include all relevant documentation to support your dispute and ensure that the IRS has the information it needs to review your case.

Provide supporting documents

When disputing the notice, gather all relevant documentation to support your position. This may include copies of your tax return, W-2 forms, 1099s, or any other documents that show why you believe the IRS’s findings are incorrect. Make sure to clearly explain your case in your response.

Follow up

After submitting your dispute, follow up with the IRS if you don’t receive a response within the expected timeframe. Keep copies of all correspondence and documentation for your records. The IRS may take some time to review your case, but staying proactive can help ensure that the matter is resolved efficiently.

Pro Tip

If you’re unsure about the notice, contact a tax professional to review it before you respond. This can help avoid mistakes that could prolong the resolution process.

How to avoid future IRS notices

No one enjoys receiving an IRS letter, but there are steps you can take to reduce the likelihood of receiving notices like Letter 1731 in the future:

Double-check your tax return

Ensure that all the information on your tax return is accurate before submitting it. Double-check your Social Security number, income amounts, deductions, and any other figures to prevent mistakes that could trigger an IRS notice.

Keep good records

Maintain organized and thorough records of your income, deductions, and tax filings. This will make it easier to respond to any IRS inquiries and provide supporting documentation if needed.

Pay taxes on time

One of the easiest ways to avoid IRS notices is to pay your taxes on time and in full. If you can’t pay the full amount, make sure to communicate with the IRS and set up a payment plan as soon as possible.

Use IRS resources

If you’re unsure about any part of the tax filing process, take advantage of the resources available on the IRS website. The IRS offers tools, guides, and FAQs that can help you navigate tax rules and avoid errors on your return.
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Frequently asked questions

What should I do if I can’t pay the full balance mentioned in letter 1731 (LP 64)?

If you are unable to pay the full amount indicated in the IRS notice, it’s important not to ignore the letter. The IRS offers payment plans, such as installment agreements, which allow you to pay the balance over time. You can apply for a payment plan online, by phone, or by completing and submitting Form 9465. Paying as much as you can by the due date will help minimize interest and penalties.

How long do I have to respond to IRS letter 1731 (LP 64)?

The due date for responding to IRS letter 1731 (LP 64) is typically provided in the notice itself. It’s essential to respond by that date to avoid penalties, interest, or additional enforcement actions. The deadline can vary depending on the specific issue identified in the letter, so make sure to read the notice carefully and take action promptly.

Can I handle IRS letter 1731 (LP 64) online?

In some cases, you may be able to resolve issues from letter 1731 (LP 64) online. For instance, you can set up payment plans or submit documentation through the IRS’s online account portal. However, more complex issues, such as identity verification or disputes, may require you to send physical documents or speak with an IRS representative by phone.

What happens if I suspect that letter 1731 (LP 64) is a scam?

If you suspect the notice is not legitimate, you should verify it by contacting the IRS directly. IRS notices will always have a CP or LTR number in the upper right corner, which you can search on the IRS website. You can also call the IRS at 800-829-1040 to verify the authenticity of the letter. Be cautious of any communications asking for personal information, especially if they do not follow standard IRS procedures.

What should I do if my letter 1731 (LP 64) involves an error from my employer or financial institution?

If the notice indicates a discrepancy in the income reported by your employer or financial institution, compare the amounts in the letter with the forms you received, such as your W-2 or 1099. If there’s an error on their end, contact your employer or financial institution to request corrected forms. Provide the updated information to the IRS as part of your response to the notice to correct the issue.
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
CP01The IRS verified your claim of identity theft and will monitor your account.
CP01HThe IRS received a tax return with a social security number that belongs to a dead person.
CP02HMoney is due on an amended return based on a grant received due to Hurricane Katrina, Rita, or Wilma.
CP03CYou received the First-Time Homebuyer Credit for a house you purchased.
CP04You 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.
CP08You may be entitled to additional money due to the Additional Child Tax Credit.
CP10Your tax return changed due to a miscalculation, and the refund you wanted to apply to an estimated tax payment has changed.
CP10AYour 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.
CP11You owe money because the IRS amended your return due to a miscalculation.
CP11AYour 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.
CP11MYour 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.
CP12You are due a bigger refund because the IRS corrected one or more mistakes on your tax return.
CP12AThe IRS made changes to correct the Earned Income Credit (EIC) claimed on your tax return.
CP12E or CP12FThe IRS corrected a miscalculation on your return.
CP12MThe IRS made changes to the computation of the Making Work Pay and/or Government Retiree Credits on your return.
CP12RThe IRS made changes to the computation of the Rebate Recovery Credit on your return.
CP13The IRS made changes to your return due to a miscalculation. There is no refund or amount due. Your balance is zero.
CP13AThe 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.
CP13MThe 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.
CP13RThe 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.
CP14You owe money on unpaid taxes.
CP16The IRS made changes to your return due to a miscalculation. The refund you were due was applied to other tax debts.
CP21AYou owe money due to the changes you requested that the IRS make on your tax returns.
CP21BYou 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.
CP21CThe 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.
CP21EAs a result of your recent audit, the IRS made changes to your tax return, and you owe money as a result of those changes.
CP21IThe IRS made changes to your tax return relating to the Individual Retirement Arrangement (IRA) taxes. You owe money due to the changes.
CP22AThe IRS made the changes you requested, and you owe money as a result.
CP22EAs a result of your recent audit, the IRS changed your tax return, and you now owe money.
CP22IThe IRS made changes to your tax return relating to the Individual Retirement Arrangement (IRA) taxes. You owe money due to the changes.
CP23The 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.
CP24The 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.
CP24EThe 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.
CP25The 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.
CP31You need to update your address because your refund check was returned to the IRS.
CP45The IRS was unable to apply your overpayment to your estimated tax as you requested.
CP49The IRS used all or part of your refund to pay a tax debt.
CP53Your refund check will be sent by mail because the IRS can’t provide your refund through direct deposit.
CP57The bank declined your payment, so the IRS was unable to draft funds from your bank account.
CP71A reminder of the amount you owe in tax, penalty, and interest.
CP71AA reminder of the amount you owe in tax, penalty, and interest.
CP71CA reminder of the amount you owe in tax, penalty, and interest.
CP71DA reminder of the amount you owe in tax, penalty, and interest.
CP88The IRS is holding your refund because you haven't filed one or more tax returns, and it believes you will owe tax.
CP90The 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.
CP91The IRS will levy up to 15% of your social security benefits for unpaid taxes.
CP120The IRS needs documentation of your tax-exempt status.
CP120AYour organization’s tax-exempt status has been revoked because it failed to file a Form 990 series return for three consecutive years.
CP130You may no longer need to pay the Alternative Minimum Tax (AMT) because your tax return filing requirements changed.
CP152The IRS received your return.
CP153The IRS will send your refund by mail because your direct deposit did not go through.
CP161You have an unpaid balance due to the IRS.
CP166Your monthly payment to the IRS did not go through due to insufficient funds in your bank account.
CP178You may no longer owe excise tax because your tax return filing requirements changed.
CP231You need to update your address because your refund was returned to the IRS.
CP259You did not file the business tax return identified in the notice.
CP259AYou 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).
CP259BThe 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.
CP259CThe 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.
CP259DYou must file this form, but you did not – Form 990-T, Exempt Organization Business Income Tax Return.
CP259EYou 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.
CP259FThe IRS requires you to file this form but did not – Form 5227, Split-Interest Trust Information Return.
CP259GThe IRS requires you to file this form, but you didn’t – Form 1120-POL, U.S. Income Tax Return for Certain Political Organizations.
CP259HAs 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.
CP276AYou submitted your tax liability schedule incorrectly. The IRS typically charges a Federal Tax Deposit (FTD) penalty for this but did not this time.
CP276BThe IRS did not receive the correct amount of tax deposits. It normally charges a Federal Tax Deposit (FTD) penalty but did not this time.
CP297The 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.
CP297AThe IRS has levied your assets for unpaid taxes. You have the right to dispute the levy at a Collection Due Process hearing.
CP298The IRS notifying you of its intent to levy up to 15% of your social security benefits for unpaid taxes.
CP501You have a balance due on one of your tax accounts.
CP503You have an unpaid balance on one of your accounts, and the IRS has not heard from you.
CP504You 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.
CP504BYou 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.
CP521A reminder that you have an installment agreement payment due.
CP523You have defaulted on your payment agreement. Therefore the IRS is terminating the agreement and will levy your assets.
CP601Usted tiene un saldo pendiente de pago (dinero que le debe al IRS) en una de sus cuentas contributivas.
CP603No hemos recibido respuesta de parte de usted y todavía tiene un saldo sin pagar en una de sus cuentas contributivas.
CP604Usted 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.
CP604BUsted 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.
CP621Este aviso es para notificarle que usted tiene un plan de pagos a plazos vencido. Por favor, envíe el pago inmediatamente.
CP623Este aviso es para informarle nuestra intención de cancelar su plan de pagos a plazos y confiscar (embargar) sus bienes. Usted incumplió en su acuerdo.
CP711Nosotros 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.
CP721Hicimos 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.
CP722Hicimos 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.
CP771Usted recibió este aviso para recordarle sobre la cantidad que adeuda en contribuciones, multas e intereses.
CP772Usted recibió este aviso para recordarle sobre la cantidad que adeuda en contribuciones, multas e intereses.
CP773Usted recibió este aviso para recordarle sobre la cantidad que adeuda en contribuciones, multas e intereses.
CP774Usted recibió este aviso para recordarle sobre la cantidad que adeuda en contribuciones, multas e intereses.
CP959Usted no radicó su planilla de contribución de negocios identificada en este aviso.
CP2000The 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.
CP3219AThe 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.
CP3219NThe 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 0012CThe IRS needs additional information to process your tax return.
Letter 0484CThe IRS wants a completed
Letter 0525Updates you on proposed changes after an IRS examination. Any changes are explained and details the refund due or taxes owed.
Letter 531IRS 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 0549CYour tax bill was paid.
Letter 0681CThe IRS accepted your payment proposal. However, this is not a formal Installment Agreement.
Letter 0757CYou did not adhere to the terms of your Installment Agreement.
Letter LT 11The IRS plans to seize your property or rights to property.
Letter 1058The 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 1961CYour application for a Direct Debit Installment Agreement was declined. It explains why and what you need to do to qualify.
Letter 1962CYour 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 2257CThe IRS is providing the payoff amount that you requested.
Letter 226-JAn IRS letter to large employers notifying them that they may be liable for an Employer Shared Responsibility Payment (ESRP).
Letter 2271CA 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 2272CAn IRS letter explaining why your request to pay the balance due in installments was declined.
Letter 2273CA 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 2318CA response to a request to pay taxes due to payroll deductions. It also explains the fees that are charged.
Letter 2357CThe IRS is admitting that it did not send you the balance due notices that it should have.
Letter 2603CThe IRS accepted your installment agreement. The IRS will file a Notice of Federal Tax Lien on your personal property.
Letter 2604CThe 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 2761CThe 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 2789CAn 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 2840CConfirms 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 3030CProvides an explanation of the tax, penalty, and interest still due on your account.
Letter 3127CA 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 3174A reminder of taxes due after the IRS has sent a Notice of Intent to Levy.
Letter 3217CThe 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 3500The IRS has received your documents, and it needs additional time to review them.
Letter 3572Your Federal Income Tax Return has been selected for examination. The IRS auditor requests that you call to schedule an audit appointment.
Letter 4883CThe 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 47The IRS is trying to locate the person identified in the letter and is requesting that you provide their new address.
Letter LP 59The IRS has not received a response to the notice of levy it previously sent.
Audit Letter 2205The 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 915You recently underwent an audit, and the IRS informs you that you now owe taxes.
  • Letter 1731 (LP 64) is sent by the IRS to address discrepancies in your tax return or account, such as a balance due or identity verification.
  • It’s essential to read the letter carefully, understand the issue, and respond by the due date to avoid penalties.
  • If you disagree with the notice, you have the right to dispute it by submitting supporting documentation before the deadline.
  • Setting up a payment plan can help manage taxes owed if you’re unable to pay the full amount at once.
  • Ignoring IRS notices can lead to serious consequences like interest charges, penalties, and enforcement actions.

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