IRS Notice CP60 – Misapplied Payments
A credit, which was applied to your account in error, was reversed. You now have a balance due.
Type of Notice: Unpaid balance
Most common tax problem area: IRS bill for unpaid taxes
Why you received IRS Notice CP60
- The IRS misapplied payments to your tax account.
- The IRS discovered the error and transferred the payments to the correct account.
- CP60 was sent to notify you that the payments were transferred and you now have a balance due.
Your options to address IRS Notice CP60
- Dispute the taxes you owe
- Dispute the penalties
- Make arrangements to pay
Notice deadline: 21 days
If you miss the deadline: Additional interest and applicable penalties will be charged.
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