IRS Notice CP147: IRS moved more credit to next year
IRS Notice CP147 is a return adjustment letter from the IRS. An earlier notice said the IRS could not apply your full credit to estimated taxes. It has now put another part toward next year's estimated tax. It explains a change the IRS made while processing your return.
What this letter usually means
An earlier notice said the IRS could not apply your full credit to estimated taxes. It has now put another part toward next year's estimated tax. Compare the IRS figures with your copy of the return, line by line. The letter explains how to respond if you disagree.
Category: The IRS changed your return
What people usually do first
If you disagree, call the toll-free number on the notice.
What to have ready
- The CP147 notice
- A copy of your tax return
- Canceled checks or an amended return
- Your payment records
What may come next
This letter does not point to a specific follow-up letter. Any later step will be described in mail from the IRS.
Read the IRS page
The IRS letter itself is the final word on what it means for you. Read the IRS page for CP147.
Common questions about CP147
What is IRS notice CP147?
An earlier notice said the IRS could not apply your full credit to estimated taxes. It has now put another part toward next year's estimated tax.
How long do I have to respond to a CP147 notice?
The date to respond or pay by, if there is one, is printed on your letter. Check it, and read the IRS page for CP147 for more.
Is a CP147 notice a scam?
A real CP147 comes by mail and should match your own records. You can also sign in to your IRS Online Account on irs.gov to see your account directly.
What should I have ready for a CP147 notice?
The CP147 notice, A copy of your tax return, Canceled checks or an amended return, Your payment records.
Scan your letter in the OweRight iPhone app
The OweRight app can tell you what a CP147 letter is and points you to the IRS page for it.
OweRight is not the IRS and does not give tax or legal advice.
Related notices
- IRS Notice CP22I: Changes to your return for IRA taxes
- IRS Notice CP23: Estimated payments don't match: you owe
- IRS Notice CP24: Estimated payments don't match: refund changed
- IRS Notice CP25: Estimated payments don't match: balance is zero
- IRS Notice CP10: Changes to your return: next year's payments
- IRS Notice CP16: Changes to your return: refund offset