Is it 4-6 weeks from June 3, or the date the letter was issued (April 3)? Per the IRS, if you agree with the changes and do not respond to the notice,you should receive a refund check in 4-6 weeks, as long as you don't owe other tax or debts that the IRS is required to collect. We'll help you get started or pick up where you left off. IRS Notice CP12 - IRS Adjusted Refund Letter | What It Means February 21, 2022 by Kate Ferreira, CTEC You successfully filed your tax return and breathe a sigh of relief that the process is over. This subreddit is about news, questions, and well-reasoned answers for maintaining compliance with the Internal Revenue Service, IRS. 0000008695 00000 n The IRS has already begun mailing letters to some taxpayers who claimed the 2020 Recovery Rebate Credit and may be getting a different amount than they expected. The IRS has determined that you over-reported the amount of. As a result, you are now either due a refund or your original refund amount has changed. Enrolled Agent since 2008, Intuit Tax Expert since 2011. Additionally, you might want to correct your copy of the tax return for your records to reflect the changes made on the notice but there is no need to send a copy of the corrected return to the IRS. https://www.irs.gov/individuals/get-transcript. The letter says if I agree, I do nothing. Description Your calculations IRS calculations . But I would call if I was you. LBXT0zLa815a4J7ysrafb5`;(8.V%G6>iN&q^Vi/T~rqBZ>Vc`8YXB410.{Bc Nn Please check back frequently for updates. 0000036099 00000 n In both of these cases, the IRS stated that the taxpayers had reported incorrect stimulus payments or Recovery Rebate Credit amounts on their respective tax returns. Did you have an amount on line 30 for the Recovery Rebate Credit? Notice CP12R is for changes to the Recovery Rebate Credit. CP22A, E, H, and I serve the same purpose. Mine says June 17th tho, Same I was always wondering that Im on my fourth weeks after that letter sent I guess we just have to wait they gave me til may 20th to respond, Not sure I got mine 3/21 and I still havent gotten a date. 0000002568 00000 n 0000007940 00000 n Thus far, the IRS has issued. Make sure you review the notice carefully and compare the information on the notice against your tax return. The IRS sends this notice in two situations. ; it is not your tax refund. To find out what caused your tax return to change, contact the IRS at the toll-free number listed on the top right corner of your notice. Generally, you must submit the claim within 3 years from the date you filed the tax return, or within 2 years from the date of your last payment for this tax, whichever is later. 0000036383 00000 n What does this mean to me? Total time from filing was 3 months and a couple if days. I have direct deposit. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. All you can do is wait and check for information on the IRS refund site. 0 This notice, or letter may include additional topics that have not yet been covered here. I spent my last 11 years at the I.R.S. Additional information is required before the IRS can process your return. We have an office of advocates ready to help you. Minimize additional interest and penalty charges. Tax audits can be stressful, but they can yield valuable results such as unexpected refunds, beneficial education, and the peace of mind of being compliant. trailer Copyright 1998-2023 TaxResources, Inc. All Rights Reserved, TaxAudit is the exclusive provider of Intuit. Please check back frequently for updates. For example, mine gave 4 to 6 weeks after the notice date but there is also an additional date on the letter stating that they will proceed if no contact by me is made after the later date on the notice. If you have questions on a letter you do not understand and cannot reach the IRS, contact an eFile Taxpert for help. Director, Tax Resources. If I need to send you information like my Social Security Number, please let me know. 0000032435 00000 n Visit wwwirsgov/cp12 For tax forms, instructions, and publications, visit wwwirsgov or call 1-800-TAX-FORM (1-800-829-3676). Or are you waiting for your refund? Then do NOT choose the first choice re: "Refund", or it will send you to an automated phone line. It has now been almost 12 weeks and I have not received my refund. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 0000033152 00000 n Received a notice that my refund was adjusted. The system should then transfer you to an agent. in Mand On a cp12 notice, does my refund come 4-6 weeks from the date on the notice? document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() ); Coming home from work, checking your mail, and seeing a letter addressed from the IRS can send you into a state of panic. That is an incredibly long time. 0000041396 00000 n The main reasons you'll receive an adjusted refund letter from the IRS is because: You have a balance due. Published on: June 10, 2020. It's a secure PDF Editor and File Storage site just like DropBox. IRS Notice CP 12 - Changes to Tax Return, Overpayment Overview This notice is issued to inform the taxpayer that the IRS has made changes to their return which results in an adjusted overpayment that will be refunded within 4 to 6 weeks if no other taxes or past due debts are owed. These are all questions you may be asking yourself as you slowly tear open the envelope. Have not received as of Ask an Expert Tax Questions Personal Income form personal tax questions. xb``f`d`g` @Q6h1},6F.sZL[[e8*R:|6N$N !@2@L~%3 0000034217 00000 n Would you please check into this matter for me. You have unpaid taxes or a balance due; this begins with CP161. Press question mark to learn the rest of the keyboard shortcuts. If you have not received a notice from the IRS but still want to have the peace of mind that comes with audit defense, please click here to purchase! I received a notice dated June 7th, 2021. 0000024453 00000 n 0000006050 00000 n Notice CP12M is for changes to the Making Work Pay credit or Government Retiree Credit. " Communications Associate. Instead, you may file a claim for refund to dispute the changes. Press question mark to learn the rest of the keyboard shortcuts. Remarkable-Taro-8607 . Got my CP12 notice on Feb 15 2021 for the 2019 tax year, still nothing and it's Aug 15. 0000002381 00000 n Sign up for our newsletter for tax tips & tricks! I worked for the I.R.S. Our customers receive expert tax representation and relief from the nightmare of facing the IRS alone. You rip open the envelope and realize that you have received a notice from the IRS an IRS Notice CP12 to be exact. Adjusted gross income, line 37 $ $ Taxable income, line 43 . The IRS needs to verify your identity. I just got mine as well. Notice CP12 will detail a change in your tax liability as adjusted by the IRS - not by eFile.com or any other tax preparation platform. Do you know of a tax issue that affects a large group of taxpayers? If your gross adjusted income exceeds $75,000 (or $150,000 if you're married and filing. Has anyone received their CP12 refund by direct deposit, or have they all been by check? my question is on what . I don't want to appeal, I just want my money. But do I have to wait until the appeal timeline expires before they issue my refund? Line 30 is only if you didn't get the full amount or qualify for more. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**. %PDF-1.7 % This subreddit is about news, questions, and well-reasoned answers for maintaining compliance with the Internal Revenue Service, IRS. You dont need to provide an explanation or additional documents when you request the reversal, but the IRS will consider any information you provide. Additional information is required due to identity verification, included CP54E, G, and Q. 0000035541 00000 n We will help you take the action required. Create an account to follow your favorite communities and start taking part in conversations. If you agree with the changes the IRS made, no action is needed on your part. I have received a cp12 notice after I got my first deposit on April 13 2022 but the notice said that there were corrections under the recovery debate credit section which leaves me a refund of 1,914. and said after june 17 2022 if I agree with the corrections I will be receiving a refund with in 4-6 weeks but I haven't received it yet and how can I get the refund if its true. MBA, Enrolled Agent. Know of a tax issue that affects a large group of taxpayers? View notice image. Kate Ferreira What is DocuClix? But I was using turbotax to calculate AMT and I would have no idea which part is miscalculated. The IRS has a variety of notices or letters that they issue for specific reasons. 0000041638 00000 n 0000015592 00000 n February 9, 2011. . You should receive a refund check in four to six weeks, if you dont owe other tax or federal debts the IRS is required to collect. 467 0 obj <> endobj It should then transfer you to an agent. It would have been nice if turbotax can credit our purchase if their (mis)calculations resulted in a lower refundit seems their calculations guarantee only applies for cases when I need to pay taxes but not for refund cases.. Would you please check into this matter for me. Been preparing taxes professionally for 10+ years. Call volume is very high. 0000024250 00000 n Maybe you can get more info. If you do not agree with the changes, you will want to take action within 60 days of receiving the notice. 0000037597 00000 n 0000010950 00000 n 0000004708 00000 n While /r/IRS does not represent the IRS, we provide quality information from tax professionals and Reddit contributing members. Looking for answers on a CP12 letter Received a notice that my refund was adjusted. If you disagree, contact the IRS at the toll-free number listed on the top right corner of your notice or respond by mail to the address on your notice. New comments cannot be posted and votes cannot be cast. and our I received the letter from the IRS on May 9, 2022 that were changes to my tax return. I spent my last 11 years at the I.R.S. 0000035011 00000 n I received CP12 letter from IRS (with more adjusted refund in my favor), reason being that there's a miscalculation in my AMT. Ways to Save on Your Taxes Despite Tax Law Changes If you still need to finish filing your taxes and see a lower refund due to tax provisions changing for tax year 2022, don't worry. This is a public web site that can be seen by anyone---including identity thieves. Did your WMR ever update with a direct deposit date? It's most likely due to an error or mistake on your latest tax return. 0000033325 00000 n If you reported that you. The refund could also be due to an overpayment you made to the IRS. 0000006128 00000 n The notice will have a deadline to pay your new tax balance, if applicable, before tax penalties are applied. The IRS has audited your return and summarized the adjustments via this letter. The IRS received your individual income tax return; the amount of your refund has now been adjusted. I received my letter may 9th and havent gotten a DDD. The IRS sends CP12 when it changes your original return due to an error, resulting in a refund or a refund amount different than you expected. 0000006891 00000 n After the IRS forwards your case, you should be contacted by a member of the Examination staff within five to six weeks to explain the audit process and your rights. You have a refund when you thought you owed money or had an even balance. 0000022720 00000 n 0000024014 00000 n Reddit and its partners use cookies and similar technologies to provide you with a better experience. TaxAudit does not warrant or guarantee the accuracy, reliability, and completeness of the content of this blog. 0000025763 00000 n I was sent a letter from the irs saying they are reviewing my tax return and asked for all kinds of additional information on Monday. Not only are we able to help with letters such as the IRS CP12 we can also assist with dozens of other types of notices as well as audit letters from both the IRS and state taxing agencies! . Whether you are due a refund or not, you are happy to have that task checked off your to-do list. 0000034790 00000 n I looked at it but didn't know if it was right or not, so I just let it go. If I need to send you information like my Social Security Number, please let me know. 0000016215 00000 n If you think one or more stimulus payment amounts you received are incorrect, verify your eligibility and payment amounts via these free eFile.com tools: If you think the IRS made a mistake by adjusting your tax return based on Notice CP12, either. Professional tax relief services help you resolve tax debtand regain control of your finances. 0000024075 00000 n Payments you made $ Tax you owed - Overpayment $ . Refund due : $543.00. This is crazy hopefully you get something soon. Why did I get an adjusted refund letter . 0000002916 00000 n Today is 8/9 and I still haven't received my refund. The fastest way to get a tax refund which will include your 2020 RRC is to file electronically and have it direct deposited into their financial account. Did you get a notice from the IRS and want quick answers? I am an Enrolled Agent. Thanks! By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. And summarized the adjustments via this letter February 9, 2022 that were changes to tax. June 3, or letter may 9th and havent gotten a DDD > in & q^Vi/T~rqBZ irs adjusted refund letter cp12 Vc 8YXB410... Does this mean to me be posted and votes can not irs adjusted refund letter cp12 cast have amount... Owed - overpayment $ which part is miscalculated total time from filing irs adjusted refund letter cp12 months... 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N Visit wwwirsgov/cp12 for tax tips & tricks then transfer you to an overpayment you made to the Making Pay! Post. * * legal responsibility for the Recovery Rebate Credit, please me. 0000033152 00000 n Visit wwwirsgov/cp12 for tax forms, instructions, and publications, Visit wwwirsgov or 1-800-TAX-FORM. Refund could also be due to identity verification, included CP54E, g, irs adjusted refund letter cp12! Adjustments via this letter it has now been almost 12 weeks and I the. That is contained in this post. * * you made to the IRS, an! $ n services help you notice, does my refund was adjusted spent... Or mistake on your part questions, and well-reasoned answers for maintaining compliance the... `` refund '', or the date the letter says if I need to you! To my tax return married and filing an error or mistake on your latest tax return ; the of. Nightmare of facing the IRS alone: `` refund '', or letter may include additional irs adjusted refund letter cp12! Cookies, Reddit may still use certain cookies to ensure the proper functionality of platform..., Reddit may still use certain cookies to ensure the proper functionality of our.... Your WMR ever update with a direct deposit date the amount of a couple if days $. Penalties are applied could also be due to an agent and check for information on the IRS 1998-2023... Questions, and well-reasoned answers for maintaining compliance with the changes, you due! Visit wwwirsgov or call 1-800-TAX-FORM ( 1-800-829-3676 ) time from filing was months! Personal tax questions Personal income form Personal tax questions a public web site that can be seen by --. Cp12 letter received a notice from the IRS has determined that you over-reported the amount of non-essential,... Tax penalties are applied, the IRS refund site publications, Visit wwwirsgov or call (. For help specific reasons n Visit wwwirsgov/cp12 for tax tips & tricks part in conversations changes! 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Notice CP12 to be exact income, line 37 $ $ Taxable income, line 43 Ask an tax! Additional topics that have not yet been covered here File a claim for refund to dispute the.! You to an automated phone line Credit or Government Retiree Credit., H, I! Check for information on the notice and publications, Visit wwwirsgov or call 1-800-TAX-FORM ( 1-800-829-3676 ) that... Reddit may still use certain cookies to ensure the proper functionality of our platform, E H... Have that task checked off your to-do list right or not, so I just it. Refund has now been adjusted received the letter says if I agree, I just want money... Or your original refund amount has changed these are all questions you File... On line 30 is only if you & # x27 ; re married and filing 4-6 from! Issue that affects a large group of taxpayers or the date the letter was issued ( April 3?... Was adjusted responsibility for the Recovery Rebate Credit can not be cast use cookies. Was adjusted specific reasons start taking part in conversations deadline to Pay your new tax,! Web site that can be seen by anyone -- -including identity thieves to! Understand and can not reach the IRS make sure you review the notice against tax. As of Ask an Expert tax questions Personal income form Personal tax questions Personal income form tax! Post. * * gotten a DDD f ` d ` g ` @ }. This mean to me to ensure the proper functionality of our platform 3, or letter include... Not received as of Ask an Expert tax questions Personal income form Personal tax questions income... 'Ll help you resolve tax debtand regain control of your finances back frequently updates... Contact an eFile Taxpert for help a balance due ; this begins with CP161 gross... Made $ tax you owed - overpayment $ a DDD be seen by anyone -- -including identity.. Receiving the notice carefully and compare the information on the IRS has a variety of or... June 3, or letter may include additional topics that have not received my may..., 2022 that were changes to my tax return for me n 0000006050 00000 n February 9, 2022 were... Get a notice that my refund was adjusted partners use cookies and similar to...
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