What is the irs sending in the mail

The IRS (Internal Revenue Service) may send various notices and documents to taxpayers through the mail. Here are some common examples:

  1. 1099 Forms: The IRS requires businesses and financial institutions to send 1099 forms to individuals who received certain types of income, such as:
    • Interest income (1099-INT)
    • Dividend income (1099-DIV)
    • Capital gains and losses (1099-B)
    • Miscellaneous income (1099-MISC)
  2. W-2 Forms: Employers are required to send W-2 forms to employees by January 31st, showing their annual wages and taxes withheld.
  3. Notice of Audit: If the IRS selects your tax return for audit, you'll receive a notice explaining the reason for the audit and the issues they're investigating.
  4. Notice of Proposed Adjustment: If the IRS identifies an error or discrepancy on your tax return, they may send a notice proposing an adjustment to your tax liability.
  5. Notice of Intent to Levy: If you owe back taxes and haven't made payment arrangements, the IRS may send a notice indicating their intention to levy (seize) your assets, such as wages, bank accounts, or property.
  6. Notice of Levy: If the IRS has levied your assets, you'll receive a notice explaining the amount and type of assets seized.
  7. Notice of Lien: If you owe back taxes and haven't made payment arrangements, the IRS may file a lien against your property, which can affect your credit score and ability to borrow money.
  8. Notice of Payment Plan: If you've set up a payment plan with the IRS, you'll receive regular statements showing your payment schedule and balance.
  9. Notice of Refund: If you're due a refund, the IRS will send a notice explaining the amount and how to receive your refund.
  10. Notice of Address Change: If the IRS has updated your address on file, they may send a notice to confirm the change.

Keep in mind that the IRS may also send other notices or documents, such as notices of changes to your tax account, notices of unfiled tax returns, or notices of unreported income. If you receive a notice from the IRS, it's essential to review it carefully and take any necessary action to resolve the issue.