IRS Notice CP2000
If you've received IRS Notice CP2000, the IRS believes there’s a discrepancy between the income or information you reported on your tax return and what third parties reported to them (such as employers, banks, or clients).
CP2000 is not an audit, but it can result in additional taxes owed — and if not handled correctly, it may lead to penalties, interest, or a full audit.
▸ Why Did I Receive CP2000?
You received this notice because the IRS’s Automated Underreporter (AUR) system found differences between:
What you reported on your tax return
What others reported to the IRS via forms like:
W-2s (wages)
1099-NECs or 1099-MISCs (contractor income)
1099-INT or 1099-DIV (interest/dividends)
1099-B (brokerage sales)
1098-T (education expenses)
The IRS is proposing a change based on that mismatch, often resulting in a higher tax bill.
▸ What’s in the CP2000 Notice?
Your CP2000 will outline:
The original amounts you reported
The IRS’s proposed changes
A new total tax due, if applicable
Your right to agree or disagree with the proposal
A deadline (typically 30 days) to respond
▸ Note: If you ignore the CP2000, the IRS may assess the additional tax and penalties automatically.
▸ What Should You Do?
Compare the IRS figures with your tax documents.
Agree with the changes? Sign and return the response form. Be prepared to pay the new amount due.
Disagree with the changes? Respond with documentation that supports your original return.
Never ignore it. Penalties and interest can add up quickly; and ignoring it may trigger enforcement.
▸ When to Call a Tax Attorney
While CP2000 isn’t an audit, it can lead to more serious issues if you:
Don’t understand why you’re being charged more
Believe the IRS is wrong or missing documentation
Can’t afford to pay the additional tax
Are worried this could escalate to an audit or enforcement
▸ Let’s Get This Resolved
A CP2000 notice can be confusing and costly if you don’t respond correctly.
Call (903) 595-1000 or fill out this quick form to schedule a consultation.
