IRS Notice of Deficiency

IRS Letters and Notices, Taxes & IRS
Published Date: October 24, 2024
Last Modified: 1 month ago

What Does it Mean When the IRS Sends a Notice of Deficiency?

An IRS Notice of Deficiency is a legal document from the IRS informing you that they’ve determined you owe more taxes than you reported. It’s not a bill, but rather a formal notification that the IRS intends to assess and collect the additional tax, penalties, and interest. This notice also provides you with the opportunity to challenge the IRS’s findings in Tax Court before they can collect.

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IRS Letters and Notices, Taxes & IRS

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