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Irs Notice 703  Form

Irs Notice 703 Form

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What is a W-9 tax form? What is a W-9 tax form?

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Instructions and help about notice 703 irs

hello this is robert i'm a tax attorney here at trp and we're going to discuss the cp2000 notice an irs letter that is typically a mini audit now these are based off information the irs received but you did not put on your tax return usually it's going to be a 1099 or a w-2 and here's an example you're a contractor you reported a hundred thousand dollars in gross income from your 1099s but you actually received 110 000. the irs will then send a cp 2000 notice regarding the additional ten thousand dollars now the irs in the notice is typically gonna treat that additional ten thousand dollars as an additional ten thousand dollars in taxable income although you may have some expenses or maybe an incorrect 10.99 now some of them might be right and if they're not adding any additional penalty you might just want to agree to it some of them there might be a simple response you can send by letter and make sure to send it certified mail others might be quite complex you might want to get some

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