Business Filer Notice Penalty, Interest, and Other Explanations
Background
When we send a notice from an account where we assessed penalties or interest, we include explanations for those assessments at the end of the notice. We assign a two-digit code to each of these explanations.
Which Explanations Are on Your Notice?
The tear-off stub on the last page of the notice lists the penalty codes assigned to the notice in the format aabbccddeeffgghh where aa is the first code assigned, bb is the second, and so on. If more than eight explanations print on the notice, only the codes for the first eight print on the stub.
Example: The 030919 printed above "INTERNAL REVENUE SERVICE" on the stub below means that Penalty codes 03, 09, and 19 were assigned to the tax return for which this notice generated.
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RETURN THIS PART TO US WITH YOUR CHECK OR INQUIRY |
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YOUR TELEPHONE NUMBER BEST TIME TO CALL |
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( ) - |
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0126
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200409 030919
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INTERNAL REVENUE SERVICE
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ATLANTA GA 39901-0039
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122A |
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SB
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Look Up the Explanations
Now that you've figured out which codes are on your notice, you can look up the explanations that print on the notice. Explanations can be found within Notice 746, Information About Your Notice, Penalty and Interest, which is an enclosure we mail with many of our notices.
