VALID › Notice Library › CP15H notice
In the IRS’s own words · not reviewed by VALID
CP15H notice explained, in the IRS’s own words
Your shared responsibility payment (SRP) assessment is due to a recalculation based on changes to your income tax liability. Your examination results are addressed in a separate correspondence.
Read the full CP15H page on irs.gov ↗
What this notice is about
Your shared responsibility payment (SRP) assessment is due to a recalculation based on changes to your income tax liability. Your examination results are addressed in a separate correspondence.
What you need to do
- Read your notice carefully -- it explains your due date, amount due, and payment options.
- Make your payment by the due date. You can visit our Payments page or use the IRS app to learn about your payment options.
Why was I assessed this penalty?
The shared responsibility payment (SRP) amount that you owe is the assessed payment for not having minimum essential health coverage for you and, if applicable, your dependents per Internal Revenue Code Section 5000A - Individual shared responsibility payment.
What happens if I can't pay the full amount I owe now?
You can apply online for a payment plan (including installment agreements).
What happens if I don’t respond to this notice?
You will continue to be charged interest until the balance is paid.
Am I charged interest on the money I owe?
Yes, interest will continue to be added if you don’t pay the full amount you owe by the date on the payment coupon.
What should I do if I disagree with the notice?
Call us at the phone number listed on the notice. Please have your paperwork (such as cancelled checks, amended return, etc.) ready when you call.
Tips for next year
Think about filing your taxes online. It can help you to avoid errors and find extra money you might be eligible for. Plus, it’s often free.
What to do next
- Write down the date on the letter today.
- Look the number up on irs.gov yourself. Don’t trust a link or phone number from anyone else.
- If it says you owe money or proposes changes to your return, take it to a licensed CPA, EA or tax attorney before that date.
Not advice. Not a filing. Verify with a licensed professional. Rules change by year and facts.