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re: Anybody have experience with LT38 notice from the IRS

Posted on 3/11/24 at 9:28 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37202 posts
Posted on 3/11/24 at 9:28 pm to
quote:

I received this notice saying I owe $5K from the 2020 tax year. The reason stated is that they relaxed the notifications during the pandemic. However, I have filed and paid as directed for the last 15 years with the same CPA.


You should have received a notice likely in 2021 or early 2022 stating what the initial issue was. That’s what needs to be resolved. Are they missing a payment? Saying you underreported your income? Some kind of penalty?
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