Taxpayer Bill of Rights (Part III – A)

Taxpayer Bill of Rights (Part III – A)

Each and every taxpayer has a set of fundamental rights they should be aware of when
dealing with the IRS.

The Right to 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.

What you can expect:
– If you believe you have overpaid your taxes, you can file for a refund; however,
there are specific time frames in which you must file your claim. For more
information, see  Publication 556, Examination of Returns, Appeal Rights, and
Claims for Refund .
– If you receive an IRS notice or bill and believe there is an error on it, write to the
IRS office that sent it to you within the time frame given. You should provide
photocopies of any records that may help correct the error. Also, you may call the
number listed on your notice or bill for help. If you are correct, the IRS will make
the necessary adjustment to your account and send you a corrected notice.
– If you discover an error after you file your return, you may need to amend your
return. You should file an amended return if there is an error or change in your
filing status, income, deductions or credits. However, the IRS may automatically
correct math errors on a return, and may accept returns with certain forms or
schedules left out. In these cases, you do not need to amend your return. If you
disagree with an adjustment the IRS made, you must request within 60 days that
the IRS reverse the change. This timeline preserves your right to challenge the
proposed adjustment in court, if needed, before paying it. 

To be continued next week….

(IRS Web Site Updated 11/16/22) (TTT 02/07/23)