joe7230
Level 2
05-04-2020
03:18 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Agreed to amount owed on a CP2000 for 2017 return. Can I still file an amendment to recoup
some amounts stated on the form?
Labels
IRonMaN
Level 15
05-04-2020
03:58 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Why was it agreed to if it was wrong?
Slava Ukraini!
George4Tacks
Level 15
05-04-2020
04:15 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes. Be sure to document any changes very thoroughly.
Answers are easy. Questions are hard!
BobKamman
Level 15
05-04-2020
05:15 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No, you don't file a 1040-X to close a CP-2000 case.
It is unclear what happened here, but maybe IRS proposed $X in tax, taxpayers answered that they only owe $(X--Y), and IRS agreed to the new amount, let's call it $Z.
If that is the case, then IRS should send a recomputed CP-2000 that client (both, if joint) can sign as the agreement to $Z. They can send a check with it also, or wait for a bill.
Don't agree to the Section 6662 penalty unless you see the supervisory approval.
