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IRS notices are letters sent to inform taxpayers of important tax information. Each one is different, but we can explain what the CP71 is about.
Understanding your CP71 notice
This notice is an annual summary of the IRS taxes, penalties, and interest you still owe the IRS.
Type of Notice
Why you received the CP71 notice
You received a CP21B notice because you owe the IRS taxes and associated penalties and interest. If you are already working with the IRS, no payment is currently due.
Likely next steps
As always, carefully read the notice, which will include the amount of taxes you still owe.
If you need help addressing your tax debt, you can contact a tax professional to learn more about your options.
CP71 Notice deadline
If you are working on a payment plan, offer in compromise or a change to the balance due, there is no payment currently due. There will be a due date for your next. If you have not resolved the debt, you must pay the balance due or set up a payment plan.