
The IRS changed your return and you now owe a balance. A CP11 means the IRS corrected a miscalculation on your return and you now owe a balance. Learn what it means and how to respond. Call Booknex at (727) 717-1246.
A CP11 tells you the IRS made one or more changes to your tax return because it found a miscalculation, and as a result you now owe money. The notice explains exactly what was changed and the new balance. You can agree and pay, or disagree and contact the IRS.
Pay by the date on the notice (generally about 21 days) to avoid extra penalties; contact the IRS within 60 days if you disagree.
A math or calculation error was found on the return. A credit or deduction was adjusted or disallowed. Reported figures did not add up as filed.
Read the explanation of changes and compare it with your return. If you agree, pay the balance by the due date or set up a payment plan. If you disagree, contact the IRS within 60 days with your explanation and documentation.
If you do nothing, the balance becomes due and penalties and interest accrue, leading to the standard collection notices.
The IRS recalculated your return and found a miscalculation that increased your tax. The notice details exactly what changed.
Contact the IRS within 60 days with documentation. If they agree, they will reverse the change.