Issue Number: Tax Tip 2022-17 Understanding taxpayer rights: The right to pay no more than the correct amount of tax The IRS is committed to ensuring taxpayers pay no more than the correct amount of tax. Taxpayers have the right to pay only the amount of tax legally due, including interest and penalties, and to have the IRS apply all tax payments properly. This is one of 10 basic rights known collectively as the Taxpayer Bill of Rights.
Here are some important things taxpayers should know about their right to pay no more than the correct tax owed. They can: • File for a refund if they believe they overpaid their taxes. • Contact the IRS if they believe there is an error on a notice or bill. • File an amended tax return if an error is discovered after the original return was filed. • Request that any amount owed be removed if it exceeds the correct amount due. • Request that the IRS remove interest from the account if the agency caused unreasonable errors or delays. • Submit an offer in compromise using Form 656-L. Taxpayers use this form to ask the IRS to accept less than the full amount of tax debt. Taxpayers do this if they believe all or part of the debt is not owed.
More information: Taxpayer Advocate Service Payment Plans, Installment Agreements Forms and Publications About Your Appeal Rights Payment Plans, Installment Agreements Topic 653, IRS Notices and Bills, Penalties and Interest Charges Share this tip on social media -- #IRSTaxTip: Understanding taxpayer rights: The right to pay no more than the correct amount of tax https://go.usa.gov/xtQF4 Back to Top Thank you for subscribing to IRS Tax Tips, an IRS e-mail service. For more information on federal taxes please visit IRS.gov. This message was distributed automatically from the IRS Tax Tips mailing list. Please Do Not Reply To This Message. |
No comments:
Post a Comment