Taxpayers must pay no more than the correct amount of tax

Share this & earn $10
Accounting Instruction, Help, & How To
Published at : 28 Dec 2020
42 views
3
0

Taxpayers must pay no more than the correct amount of tax
https://www.irs.gov/newsroom/taxpayers-must-pay-no-more-than-the-correct-amount-of-tax

IRS Tax Tip 2020-102, August 13, 2020

A taxpayer may owe money when they complete and file their tax return. They 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. This is one of ten rights known collectively as the Taxpayer Bill of Rights.

This right to pay no more than the correct amount of tax means taxpayers can:

File for a refund if they believe they overpaid.

Write or call the IRS office that sent the taxpayer a notice or bill. Taxpayers can do this if they believe the notice or bill is incorrect in any way. When challenging information in a bill or notice, taxpayers should be ready to provide copies of any records that may help correct the error. If the taxpayer is correct, the agency will make the necessary adjustment to their account and send a corrected notice.

Amend a tax return if they discover an error. They can also amend this return if there were mistakes in their filing status, income, deductions or credits.

Request any amount owed be removed if it's more than the correct amount due.
Request the IRS remove any interest from their account if the IRS caused unreasonable errors or delays.

Submit an offer in compromise, asking the agency to accept less than the full tax debt, if the taxpayer believes they don't owe all or part of the debt.
Taxpayers must pay no more than the correct amount of taxIRS NewsTax News

Lane 8 - Little By Little

Lane 8 - Little By Little

Minimalist Family Living in a Perfectly Customized Tiny House on Wheels

Minimalist Family Living in a Perfectly Customized Tiny House on Wheels

Countries and Nationalities  - English Language

Countries and Nationalities - English Language

Superb India take control after Aussie batting disaster | Vodadone Test Series 2020-21

Superb India take control after Aussie batting disaster | Vodadone Test Series 2020-21

This FIFA player lived a complete nightmare because of FUT mode | Oh My Goal

This FIFA player lived a complete nightmare because of FUT mode | Oh My Goal

6 Minute English - Lifestyle English Mega Class! One Hour of New Vocabulary!

6 Minute English - Lifestyle English Mega Class! One Hour of New Vocabulary!

New SCARED Emotion (Base Game) + More Paranormal Details!

New SCARED Emotion (Base Game) + More Paranormal Details!

Companies Going Out of Business in 2019

Companies Going Out of Business in 2019

US AND BASKETBALL 🏀

US AND BASKETBALL 🏀

How To Make A Traditional Mixed Mother’s Day Bouquet

How To Make A Traditional Mixed Mother’s Day Bouquet

10 Best Affiliate Programs to Make Recurring Passive Income in 2020

10 Best Affiliate Programs to Make Recurring Passive Income in 2020

Paul Baloche - Because Of Your Love (Lyric Video)

Paul Baloche - Because Of Your Love (Lyric Video)

15 Bible Contradictions from Ellen G. White - SDA

15 Bible Contradictions from Ellen G. White - SDA

Top 10 Most Luxurious Yachts YOU WONT BELIEVE EXIST!

Top 10 Most Luxurious Yachts YOU WONT BELIEVE EXIST!

Years And Years OST - Into The Future - BBC One

Years And Years OST - Into The Future - BBC One

My Oral Hygiene Routine | Fresh Breath 101 👄

My Oral Hygiene Routine | Fresh Breath 101 👄

Labrinth – We All Knew (Official Audio) | Euphoria (Original Score from the HBO Series)

Labrinth – We All Knew (Official Audio) | Euphoria (Original Score from the HBO Series)

How to Climb and Carry as Support | Challenger Support Tips and Tricks - League of Legends

How to Climb and Carry as Support | Challenger Support Tips and Tricks - League of Legends

Scientists Finally Discovered the Truth About Easter Island

Scientists Finally Discovered the Truth About Easter Island

КИТАЙСКАЯ БАЗА! - #2 PER ASPERA ПРОХОЖДЕНИЕ

КИТАЙСКАЯ БАЗА! - #2 PER ASPERA ПРОХОЖДЕНИЕ

MASSIVE LOUIS VUITTON HAUL/UNBOXING! NEW BAG, Clothes & more! WITH PRICES! | Mel in Melbourne

MASSIVE LOUIS VUITTON HAUL/UNBOXING! NEW BAG, Clothes & more! WITH PRICES! | Mel in Melbourne

Brag 🗣️ | Frxddy Highlights #7 (CLIENT WORK)

Brag 🗣️ | Frxddy Highlights #7 (CLIENT WORK)

ZARA BASICS HAUL- FINAL WINTER SALE + ANA LUISA JEWELRY

ZARA BASICS HAUL- FINAL WINTER SALE + ANA LUISA JEWELRY

english introduction,#speaking,#essay#listening#writing#reading practise

english introduction,#speaking,#essay#listening#writing#reading practise

At the Very Least

At the Very Least

Strapped (Tallahassee): Part 2, "Unsound Methods"

Strapped (Tallahassee): Part 2, "Unsound Methods"

The Beatles "I'm Looking Through You" With False Start

The Beatles "I'm Looking Through You" With False Start

"How to respond to an RFI?" (Request For Information) - sales advice by @steli

"How to respond to an RFI?" (Request For Information) - sales advice by @steli

The Benefits of a Fractional CFO - The Exit Your Way Business Round Table

The Benefits of a Fractional CFO - The Exit Your Way Business Round Table

Your Grace Finds Me - Matt Redman - worship Video with lyrics

Your Grace Finds Me - Matt Redman - worship Video with lyrics

Inquisitive Empaths in a Psychopathic World - How to Survive the Truth

Inquisitive Empaths in a Psychopathic World - How to Survive the Truth

Emma and Andrew Pretend Play as Superheroes To The Rescue Fun Kids Toy Story

Emma and Andrew Pretend Play as Superheroes To The Rescue Fun Kids Toy Story

BBC News - Haven’t got to the see the mother in law, which is a right touch 😂

BBC News - Haven’t got to the see the mother in law, which is a right touch 😂

Facial Plastic Surgery Before and After : 15 Years Younger

Facial Plastic Surgery Before and After : 15 Years Younger

Joe Rogan - The Difficulty of Interviewing Elon Musk

Joe Rogan - The Difficulty of Interviewing Elon Musk

Is this the end for negotiating a discount on a new car? | Auto Expert John Cadogan

Is this the end for negotiating a discount on a new car? | Auto Expert John Cadogan

Different hand raises that kids use. #classroom #comedy #tiktok

Different hand raises that kids use. #classroom #comedy #tiktok

ALWAYS (Lyric Video) for the Hit worship song made popular at Passion Conference

ALWAYS (Lyric Video) for the Hit worship song made popular at Passion Conference

Making Use of Feedbags

Making Use of Feedbags

why don’t you take a seat right over there

why don’t you take a seat right over there

A Walk in the Park | Minnie's Bow-Toons | Disney Junior

A Walk in the Park | Minnie's Bow-Toons | Disney Junior

PRACTICE EXCELLENT SELF CARE | Subliminal Affirmations & Relaxing Nature Sounds

PRACTICE EXCELLENT SELF CARE | Subliminal Affirmations & Relaxing Nature Sounds

8 times stephen curry shocked the world

8 times stephen curry shocked the world

Painting a Portrait From a Different Angle - Unfamiliar -Monday, Week 42 (09/11/2020)

Painting a Portrait From a Different Angle - Unfamiliar -Monday, Week 42 (09/11/2020)

[Picking Technique Lesson] How NOT To Pick

[Picking Technique Lesson] How NOT To Pick

12 VOLT POWER SYSTEM IN A CHOPPPED 200 LANDCRUISER - THE DUAL CAB 200 PART 5

12 VOLT POWER SYSTEM IN A CHOPPPED 200 LANDCRUISER - THE DUAL CAB 200 PART 5

WHAT HAPPENED TO SIRENHEAD IN THIS HOSPITAL???(Ps3/Xbox360/PS4/XboxOne/PE/MCPE)

WHAT HAPPENED TO SIRENHEAD IN THIS HOSPITAL???(Ps3/Xbox360/PS4/XboxOne/PE/MCPE)

Prebiotics | Food for your Microbiome

Prebiotics | Food for your Microbiome

Jinsang - Some Other Time

Jinsang - Some Other Time