VALID › Notice Library › CP21I notice
In the IRS’s own words · not reviewed by VALID
CP21I notice explained, in the IRS’s own words
We made changes to your tax return for the tax year specified on the notice for Individual Retirement Arrangement (IRA) taxes.
Read the full CP21I page on irs.gov ↗
What this notice is about
We made changes to your tax return for the tax year specified on the notice for Individual Retirement Arrangement (IRA) taxes.
What you need to do
Review your notice carefully. It explains the changes made to your return.
If you agree with our changes:
- And have a remaining balance due, pay the amount due by the date printed on your notice to avoid accruing additional interest and penalties. Pay online to ensure timely receipt of your payment.
- Make payment arrangements if you can't pay the full amount you owe.
- If we owe you a refund and you haven’t already received it via direct deposit or mail, you can expect to receive it within 2-4 weeks of the date printed on your notice.
- If you don’t receive your refund within 2-4 weeks, call us at the number printed on your notice.
- Be sure to correct your copy of your tax return for your records.
If you disagree with the changes we made, contact us at the number provided on your notice.
Frequently asked questions
The notice says, "We made changes to your 20XX return…." How can I find out what was changed and why? (added Nov. 4, 2024)
Call us at the toll-free number listed on your notice.
What should I do if I disagree with the changes you made? (updated Nov. 4, 2024)
If you disagree, contact us at the toll-free number listed on your notice.
What happens if I can't pay the full amount I owe? (updated Nov. 4, 2024)
You can request a payment plan with us. For more information about payment options, review Topic no. 202, Tax payment options.
Am I charged interest on the money I owe? (updated Dec. 3, 2024)
If you don't full pay the amount you owe by the date on the notice, interest will accrue on the unpaid balance after that date.
Will I receive a penalty if I can't pay the full amount? (updated Dec. 3, 2024)
You can contact us at the number listed on your notice if you're unable to pay the full amount we may be able to remove the penalty.
Can I set up a payment plan? (updated Dec. 3, 2024)
Yes. Call the toll-free number listed on your notice to discuss payment options or check out more information on payment options and how to make a payment arrangement.
What if I need to make another correction to my account?
You'll need to file Form 1040-X, Amended U.S. Individual Income Tax Return PDF.
Tips for next year
Consider filing your taxes electronically. Filing online can help you avoid mistakes and find credits and deductions that you may qualify for. In many cases you can file for 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.