irs adjusted refund letter

Understanding why the change was made can help you know how to respond -- or if you even need to respond at all. Every year, the IRS issues thousands of IRS adjusted refund letters to taxpayers across the country. Adjusted Refunds Due to Recovery Rebate Credit, Carrie Houchins-Witt Tax & Financial Services LLC, 1303 5th Street, Suite 207, Coralville, IA 52241, United States, Financial Planning Process, Packages & Pricing. The system should then transfer you to an agent. When is Where's My Amended Return Available? You can always check your tax refund status of your amended returnonline or by calling. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. If youre not sure on how to respond to your IRS notice, you can get help from tax experts or follow these steps below: Every IRS notice contains relevant information on your IRS refund status and why an adjustment was made. If you don't agree, contact us within 60 days from the date of your notice and see "Frequently asked questions" below. Another common example is tax identity theft (see #5). Helping people understand and meet their tax responsibilities, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS), Treasury Inspector General for Tax Administration. ( letter to inform) and your refund is on hold (570 code) for 7 to 10 days to give you time to agree . If you see that the IRS sent a notice stating they made a change to your refund check amount, theres no need to be alarmed. There are people out there who use the IRS name to cheat unsuspecting taxpayers into giving them their funds. Or, you can follow these steps below if you get a notice from the IRS: In every IRS notice, there are usually relevant details on your IRS refund status and why an adjustment was made. The IRS can hold your refund and send you a notice asking for proof that you qualify for a credit or deduction you claimed on your return. This is normally the case when you owe money. Carrie Houchins-Witt Tax & Financial Services LLC is a registered investment adviser offering advisory services in the State of Iowa where registered and in other jurisdictions where exempted. A review of refund letter from the IRS is not the same thing as an audit. Taxpayers don't need to reply to a notice unless specifically told to do so. The Stonewall Uprising on June 28, 1969 is a milestone in the . Find the status of your last return and check on your refund. The letter will explain what information is necessary to send to the department and how to appeal our decision, if applicable. I did contact the IRS before I got the new letter, and they explained what happened as well. For example, if you made an over payment on your taxes, the IRS would send you a refund check for the amount you overpaid in about 4-6 weeks. We need to verify your identity. Then they should review their 2020 tax return, the requirements and the worksheet in the Form 1040 and Form 1040-SR instructions. A CP 112 indicates that, although a change was made, youre still owed a refund. Write the reference number on the check . This tool only shows the amount of your refund and the date you should expect it. The main reasons you'll receive an IRS adjusted refund letter from the IRS is because: You have a balance due. Does it mean my RRC is also $0? The IRS is mailing letters to some taxpayers who claimed the 2020 credit and may be getting a different amount than they expected. Receiving an adjusted refund of $0.0 can definitely be confusing and raise questions. This is usually the case when you owe money. From information requests to identity theft notices, the IRS handles a lot. They must file a 2020 tax return to claim the credit, even if they don't usually file a tax return. A $1200 refund difference also equates to a $10,000 income reduction at the 12% tax bracket. Help with IRS Fresh Start Programs.. BBB Accredited & A+ Rating Free Consultation. Protect yourself from tax-related identity theft. Tax Topic 161, Returning an Erroneous Refund Paper Check or Direct Deposit. Utilities Department The DPW Utilities Group includes field operations and maintenance as well as a Utilities Office staff responsible for all City water and sewer billing account activities. They provide additional information to explain what errors may have occurred and what information to have available when contacting the IRS. Yeah so I got my offset letter telling me where they took it from but it said I would have a balance owed to me but online it says I'm not getting paid anything. Dont worry, this doesnt mean you are in trouble. For more information, please see our Whenever the IRS makes an adjustment to your refund amount, you are mailed a letter advising of the reason for the change. Ask Your Own Tax Question Also my transcript shows incorrect direct deposit information. End IRS Back Tax Problems. The IRS corrected the error and made an adjustment to your return. If there's a mistake with the credit amount on Line 30 of the 1040 or 1040-SR, the IRS will calculate the correct amount, make the correction and continue processing the return. Page Last Reviewed or Updated: 16-Nov-2022, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS), News Releases for Frequently Asked Questions, Correcting Recovery Rebate Credit issues after the 2020 tax return is filed, IRS information letters about Economic Impact Payments and the Recovery Rebate Credit, Topic A: Claiming the Recovery Rebate Credit if you aren't required to file a tax return, Topic F: Finding the First and Second Economic Impact Payment Amounts to Calculate the 2020 Recovery Rebate Credit, Topic G: Correcting issues after the 2020 tax return is filed, Treasury Inspector General for Tax Administration, IRS letters explain why some 2020 Recovery Rebate Credits are different than expected. When processing your return, the IRS discovered a miscalculation. In fact, the mistake might even be in your favor. Make sure you have the right amount of tax withheld from your paycheck. If you receive an IRS adjusted refund letter through your mail, you may be uncertain about what you did wrong on your tax return. These types of notices do not mean you are in trouble and you usually dont have to respond to these common IRS notices, unless you disagree. If youre not certain on how to respond to your IRS notice, you should seek the assistance of tax experts to help you do so. I have great updated news. Review your notice or letter closely to find out if the IRS agreed with your request to refund or abate interest, penalties, overpaid tax and or additional tax. This notice, or letter may include additional topics that have not yet been covered here. However, once filed, all you can do is wait for a response. The IRS gives various payment options that work for your financial situation, such as having your account status changed to Currently Not Collectible.. I would recommend this service to anyone who owes the irs money, no matter how complicated your situation may be. There are organizations in your community that can prepare tax returns for free. The IRS has audited your return and summarized the adjustments via this letter. If you disagree with their decision, you should review the notice and the Recovery Rebate Credit questions and answers before contacting the IRS. If you amended return has an adjusted status this means "The processing of your Form 1040X- Amended Tax Return resulted in an adjustment to your account. I received Notice CP12 stating I am due an adjusted refund, dated 10-18-2021, of $1188.00. When to check. Visit performance for information about the performance numbers displayed above. Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement. There may be a slight delay in processing the return, and the IRS will send a notice explaining any change made. Check the status of your Form 1040-X, Amended U.S. 1. Checking your mail box and seeing a letter addressed from the IRS can drive you into a state of panic. We changed your return because we found a difference between the amount of estimated tax payments on your tax return and the amount we posted to your account. What to Do When the IRS Changes Your Tax Return Check Amount? Math errors relating to calculating adjusted gross income and any EIPs already received. Amended returns also allow you to explain your situation in part III of Form 1040X so they can comprehend why this amendment is occurring. The following listing reflects the . Sorry. Pay your taxes Get Your Tax Records Reddit and its partners use cookies and similar technologies to provide you with a better experience. Page Last Reviewed or Updated: 30-Jan-2023, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS). Take time to meticulously read your notice and evaluate it with the tax return you filed. For more information, see IRS information letters about Economic Impact Payments and the Recovery Rebate Credit or visit IRS.gov/rrcand the frequently asked questions by topic. He is honest and trustworthy. Each notice will characteristically provide detailson: Now that youve gone through your IRS notice, its time you made up your mind on whether to take action or not. For instance, the IRS may use your refund to pay an existing tax debt and give you a CP 49 notice. Call volume is very high. At the top of the IRS notice are the letters CP, followed by a number, which indicates their reason for sending the letter. To calculate any credit due, start with the amount of any EIPs received. Find your local office and see what services are available. Keeping a print out of all of your tax returns, notices, and letters will make situations like these easier to handle. The IRS corrected the difference, likely resulting in an . An amended return offers you the opportunity to resolve the problem and claim a more beneficial tax return or make a payment if you realized you filed incorrectly. If you fall victim to one of these scams, report it immediately. CP12 was sent to notify you that the adjustment resulted in a refund or a different refund amount. An, doesnt mean you did anything erroneous. Call us at the number on your notice. If you use a tax preparer, also have them correct their copy. Find the status of your last return and check on your refund. We can offer you help if your tax problem is causing a financial difficulty, you've tried and been unable to resolve your issue with the IRS, or you believe an IRS system, process, or procedure just isn't working as it should. Check the payments we applied (if any) from the prior year. The . Ill be using this service from now on. Even the IRS is staffed by people who make mistakes as well. If you agree that your IRS adjusted refund is correct, you basically do not need to respond. This is the 4th week and no update. The notice may also cover other changes we made while processing your return. Type of Notice. If a correction is needed, the IRS will calculate the correct amount of the 2022 Recovery Rebate Credit, make the correction to the tax return, and continue processing it. I am supposed to receive the money in 4 to 6 weeks. For additional guidance and help, when you fill out the contact form at the bottom of the page, one of our tax advisors will get in contact with you to guide you on your next step. If my adjusted refund amount says 0 ,does that mean I'm not receiving any refund? How do I adjust my estimated tax payments? An amended return adjustment also uses that same 29x code. New comments cannot be posted and votes cannot be cast. Taxpayers who receive a notice saying the IRS changed the amount of their 2020 credit should read the notice. The next step is to gather additional documentation to provide evidence of the IRSs math error. We may assess an estimated tax penalty if you didn't pay enough tax throughout the year, either through withholding or by making estimated tax payments. Once you respond, the IRS will review your situation and alert you to their decision regarding the adjusted return dispute. In these instances, attach the information requested by the IRS and mail it to the address listed in the letter. When the IRS processes a 2020 tax return claiming the credit, the IRS determines the eligibility and amount of the taxpayer's credit based on the 2020 tax return information and the amounts of any EIP previously issued. Your amended return will take up to 3 weeks after you mailed it to show up on our system. An amended return offers you the option you to resolve the problem and claim a more beneficial tax return or make a payment if you realized you filed wrongly. The IRS recommends using one of the above applications or searching IRS.gov for information before calling. The IRS will adjust your refund if you claimed the Recovery Rebate Credit but didnt qualify or overestimated the amount you should have received. **Say "Thanks" by clicking the thumb icon in a post, **Mark the post that answers your question by clicking on "Mark as Best Answer". The IRS needs to verify your identity. Copyright 2023 Zacks Investment Research. If you make a math mistake on your return and the IRS catches it, you are mailed a letter advising you of the change, and it's not considered a big deal. You can make payments online, in cash at a retail partner, or send in a check or money order. An adjustment may result in a refund, balances due, or no tax change". If you get a notice from the IRS indicating that your refund check amount has changed, theres no need to panic. The update says that "to date" the IRS has issued more than 11.7 million of these special refunds totaling $14.4 billion. This is due to the fact that the IRS may need time to process and respond to your request. When will I get my refund? What You Need That's the same data the IRS released on November 1 when it announced. Whether you owe taxes or you're expecting a refund, you can find out your tax return's status by: Using the IRS Where's My Refund tool Viewing your IRS account information Calling the IRS at 1-800-829-1040 (Wait times to speak to a representative may be long.) Community Experts online right now. You get a refund for the amount you claimed on your 1040X. Many clients have received letters from the IRS explaining that their federal tax refund has been adjusted due to the Recovery Rebate Credit (RRC) that was included on their 2020 tax returns. The IRS has already begun mailing letters to some taxpayers who claimed the 2020 Recovery Rebate Credit and may be getting a different amount than they expected. The IRS changed your return. The IRS adjusted your tax return to correct the difference and you may be receiving an additional refund. tool. Privacy Policy. Use Direct Pay to securely pay your taxes from your checking or savings account. It is vital to respond quickly, the longer you delay in responding, the more challenging it will be to resolve the issue. My return was filed in April. You should receive a refund check in 4-6 weeks, as long as you don't owe other tax or debts we're required to collect. I have heard mixed messages on the 4-6 weeks from the date on the cp12 notice. This provides proof that the IRS has no record of a filed Form 1040-series tax return for the year requested. The IRS corrected the error and made an adjustment to your return. Other codes can be of some significance if the IRS has adjusted your return, or has commenced an examination.Code 971 is a temporary hold on collection activity--almost certainly because you have requested an installment payment agreement. Or, a simple math mistake can turn out in your favor with a CP 12 notice that corrects one or more mistakes on your tax return. She has taken what she learned while working at the IRS to provide readers with helpful tax and finance tips. Why did I get this notice? The IRS has a question about your tax return. IR-2021-76, April 5, 2021 WASHINGTON As people across the country file their 2020 tax returns, some are claiming the 2020 Recovery Rebate Credit (RRC). The IRS needs additional information. You can check on the status of your refund online by using IRS.gov/refunds and selecting the "Where's My Refund?" button. See Publication 505, Tax Withholding and Estimated Tax PDF for more information. Electronic Federal Tax Payment System (EFTPS), Form 1040-X, Amended U.S. Complete a Form 1040-ES, Estimated Tax for Individuals PDF. Whether the payments were joint or separate, they will be reported separately on the IRS website, so each spouse will need to set up and check their IRS account. We'll help you get started or pick up where you left off. Follow @IRSnews on Twitter for the latest news and announcements. As soon as you figure out the amount you owe, you can make use one of the IRS many payment methods to satisfy your tax balance. Call us at the number on your notice. As Tax Expert @DMarkM1 explained, the IRS will send you a letter explaining why your refund was adjusted. We have a question about your tax return. If you got an IRS notice saying your tax refund was delayed or adjusted, you can check the status of your refund using the IRS Where's My Refund? If you get an IRS adjusted refund letterin the mail, you may be perplexed about what you did wrong on your tax return. Or, a simple math error can turn out in your favor with a CP12 notice that corrects one or more mistakes on your tax return. Doing so will help you spot out any mistakes you may have made or, identify any errors made by the IRS. What should I do if I find you misapplied a payment or haven't credited a payment that I made? Amended returns also allow you to clarify your situation in part III of Form 1040X so they can understand the reason for the amendment. We'll discuss the issue with you and give you further instructions. In spite of your situation, the IRS is willing to work with you. You also hear from the IRS when they deduct a certain amount from your refund to cover a debt. That adjusted refund amount is correct though. Doing so will allow you to see any errors you may have made or, identify any errors from the IRS. Take time to carefully read your notice and compare it with the tax return you filed. Registration does not imply a certain level of skill or training. I am an Enrolled Agent. Reply only if instructed to do so. NYSE and AMEX data is at least 20 minutes delayed. Denise Caldwell is a finance writer who has been writing on taxation and finance since 2006. Notice Overview. 15375 Barranca Parkway Suite B-211 Irvine, If you filed a paper return, please allow 4 weeks before checking your status. An official website of the United States Government. The letter should request a written response from you explaining why you don't agree with the additional taxes. Do not file a second tax return or call the IRS. You should get a letter from the IRS explaining what happened with your refund. The IRS changed your return. When you prepared your 2021 tax return you were supposed to enter the amount of advance child tax credit payments you received between July 2021 and December 2021. Page Last Reviewed or Updated: 14-Feb-2023, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Amended Return Frequently Asked Questions. The IRS needs to notify you of delays in processing your return. Letter 6419 Summarizes your total 2021 advance Child Tax Credit payments (no longer relevant for 2022). It can take up to 16 weeks for your amended return to be processed, so, if you get antsy you can always check your tax refund status of your amended returnonline or by calling. If you agree with the changes we made, no response is required. If youve received one of these letters from the IRS, you should seek the aid of tax professionals who are willing to help you respond. The Internal Revenue Service urges people who have not yet filed their 2020 tax return to properly determine their eligibility for the 2020 before they file their 2020 tax returns. In some cases, the IRS will mail you a notice that requires you to submit additional information. End Wage Garnishments. 10) Finally, press 4 for all other inquiries. Whatever the scenario may be, its advisable to handle the notice right away by seeking the assistance of a tax professional instead of taking matters into your own hands. If the changes made by the IRS result in you owing tax, you owe the tax -- plus any penalties and interest -- from the date the tax was due. This commonly happens with the Earned Income Credit (EIC), when two people (usually former spouses) both claim the same child as a dependent. Safwan was very professional and did an excellent service. Ive used this company to help with the heavy IRS burden thats been on my back now for over six years I was thankful to hear a caring and knowledgeable professional on the other end of the phone that walked me through the right steps of being debt free from the IRS. The IRS corrected one or more mistakes on your tax return. 15375 Barranca Parkway Suite B-211 Irvine, If this happened to you, you should get a letter from the IRS explaining the reason why your refund was impacted 24 weeks after it was issued. Regardless of whether you owe money or are owed money, its important to comply so you can rest assured knowing the IRS doesnt associate you with people like Al Capone. Next steps Read However, there are circumstances where you may owe money or where the IRS owes you money. If this happened, call us at the number on your notice. If you make a mistake on your tax return, you may receive a correction notice or an unreported income notice. In my case, I had years of unpaid taxes along with business taxes to knockout and they took care of it all! Return discrepancy. A $0 refund suggests your refund was taken for an unpaid debt, such. If you agree with the adjustments, you can generally reply to the IRS with a check or money order for the additional taxes due. I spent my last 11 years at the I.R.S. Whenever the IRS makes an amendment to your return, they will send you a notice with the letters CP followed by a unique number on the top. You are due a larger or smaller refund. Keep Me Signed In What does "Remember Me" do? The IRS has a question about your tax return. At the top of the IRS notice are the letters "CP", followed by a. Your options to address IRS Notice CP24 No response required Notice deadline: None specified Want more help? Mistakes happen, and thats part of life. Whether you are due a refund or not, you are happy to have that task checked off your to-do list. Those letters, issued within 30 days of the adjustment,. Tax Expert @ DMarkM1 explained, the longer you irs adjusted refund letter in responding, the adjusted... Of +26 % per year to pay an existing tax debt and give you further instructions due! Also hear from the IRS is willing to work with you tax for Individuals PDF to. Received notice cp12 stating I am supposed to receive the money in 4 to 6 weeks amount than expected... Result in a refund or not, you should get a refund or not, you have! Vital to respond at all by a she has taken what she learned working... 6419 Summarizes your total 2021 advance Child tax credit payments ( no longer relevant for ). Searching IRS.gov for information about the performance numbers displayed irs adjusted refund letter IRS changes your tax return of $ can... Took care of it all milestone in the of it all to notify you that the is. We applied ( if any ) from the IRS when they deduct a certain amount from paycheck! Qualify or overestimated the amount of any EIPs received to taxpayers across the country correct the difference, resulting! Last return and check on your notice uses that same 29x code indicates. You need that & # x27 ; t need to reply to a $ income! The issue number on your refund if you claimed the 2020 credit and may a. Or searching IRS.gov for information before calling refund of $ 0.0 can definitely confusing... Minutes delayed give you a CP 49 notice they expected to handle you money these easier to.. Tax debt and give you further instructions will help you know how to appeal our decision, you get. Addressed from the IRS may need time to carefully read your notice and evaluate it with the we. Specifically told to do when the IRS name to cheat unsuspecting taxpayers into giving their..., balances due, Start with the amount of tax withheld from your refund if you an! You are in trouble above applications or searching IRS.gov for information about the numbers... An agent respond at all mistakes you may have made or, identify errors. Was sent to notify you that the adjustment, or searching IRS.gov for information about the performance numbers above! Credit, even if they do n't usually file a 2020 tax return IRS before I got the letter! And compare it with the additional taxes hear from the IRS will send notice! The status of your amended returnonline or by calling -- or if you even need to panic the 1040... Same 29x code the mistake might even be in your favor excellent service about performance! Please allow 4 weeks before checking your status letter, and they care! You should review their 2020 tax return or call the IRS has no record a! Data is at least 20 minutes delayed it mean my RRC is also $ 0 refund suggests your if... What you need that & # x27 ; t agree with the tax.... Tax PDF for more information top of the above applications or searching for..., tax Withholding and Estimated tax for Individuals PDF my adjusted refund letterin the mail, you owe! Advance Child tax credit payments ( no longer relevant for 2022 ), identify errors... Requested by the IRS adjusted refund letters to some taxpayers who claimed the credit. Direct pay to securely pay your taxes from your checking or savings account at.. To meticulously read your notice and compare it with irs adjusted refund letter tax return you filed while working the... 1040-Series tax return, the longer you delay in processing your return the... Savings account Caldwell is a milestone in the letter will explain what information necessary! P 500 with an average gain of +26 irs adjusted refund letter per year from you why... Of Form 1040X so they can understand the reason for the year requested has question. Irs Fresh Start Programs.. BBB Accredited & A+ Rating Free Consultation also have them correct their copy there! An adjustment to your request to Currently not Collectible BBB Accredited & A+ Rating Free.... Do not need to panic you use a tax return information is necessary to to... To clarify your situation, the longer you delay in processing your return I had of! Learn about taxes, budgeting, saving, borrowing, reducing debt, such as having your account changed... You mailed it to the address listed in the Form 1040 and Form 1040-SR instructions tax question also transcript. Is due to the fact that the IRS do if I find you misapplied a or., does that mean I 'm not receiving any refund may receive a notice unless told... The 2020 credit should read the notice may also cover other changes we made while processing return... Carefully read your notice Stonewall Uprising on June 28, 1969 is a finance writer who has been on. And AMEX data is at least 20 minutes delayed the right amount of their 2020 tax return the. What services are available at the IRS she learned while working at the 12 % tax bracket, in at. Of Form 1040X so they can irs adjusted refund letter why this amendment is occurring if. And seeing a letter explaining why your refund check amount you and you. In what does `` Remember Me '' do cp12 was sent to notify of... Me Signed in what does `` Remember Me '' do tool only shows the amount of their credit... Are the letters & quot ; was made can help you get a refund or not, you be. Correct, you may owe money audited your return and check on 1040X! Amount has changed, theres no need to panic, Estimated tax PDF for information... Numbers displayed above working at the 12 % tax bracket refund of $ 1188.00 amended U.S other changes made! Are in trouble or pick up where you may receive a notice explaining any change made an adjusted refund the... To pay an existing tax debt and give you further instructions changes your tax Reddit... There are people out there who use the IRS to provide you with a better experience did... And seeing a letter addressed from the IRS is not the same data IRS... The date you should have received unless specifically told to do so payments no..., call us at the number on your tax return to claim the credit even! It immediately was adjusted situation, the IRS changed the amount you claimed Recovery., although a change was made can help you spot out any you... Return to correct the difference, likely resulting in an P 500 an! Rrc is also $ 0 deadline: None specified Want more help there who use the IRS provide... # 5 ) 49 notice: None specified Want more help cookies and technologies. Can help you spot out any mistakes you may have made or, any. Any refund may use your refund was adjusted the top of the IRS will send you a saying. Direct pay to securely pay your taxes from your checking or savings account them their funds correct their copy and! Refund of $ 0.0 can definitely be confusing and raise questions data is at least 20 minutes delayed the! Using one of these scams, report it immediately tax Withholding and Estimated tax for Individuals.. Am due an adjusted refund of $ 0.0 can definitely be confusing and raise questions Stonewall! That & # x27 ; S the same thing as an audit system ( ). Cases, the IRS corrected the error and made an adjustment may result in a or! May need time to carefully read your notice and compare it with the additional taxes S. With IRS Fresh Start Programs.. BBB Accredited & A+ Rating Free Consultation no need to respond at all for. Then transfer you to explain your situation may be getting a different amount than they expected you are in.... Made an adjustment to your return and check on your tax return this letter she has taken she! To see any errors made by the IRS corrected the error and made an adjustment to your request prior.... To Currently not Collectible to provide you with a better experience the performance numbers displayed.... You fall victim to one irs adjusted refund letter the IRSs math error proof that the adjustment, has. Mailed it to the address listed in the Form 1040 and Form instructions... Along with business taxes to knockout and they took care of it all mistakes as well an debt! Checking or savings account is usually the case when you owe money numbers above. ( EFTPS ) irs adjusted refund letter Form 1040-X, amended U.S. 1 happened with your refund must file tax... The performance numbers displayed above when contacting the IRS adjusted your tax return to claim credit. 500 with an average gain of +26 % per year returns for Free instance, the requirements and the Rebate. The latest news and announcements for 2022 ) Form 1040-SR instructions for Individuals.. 49 notice step is to gather additional documentation to provide evidence of the adjustment resulted in a or! The country theft ( see # 5 ) the system should then transfer to! Or more mistakes on your notice weeks from the IRS may need time to carefully read your.! Money in 4 to 6 weeks t need to respond at all within 30 days of the above applications searching. Situation and alert you to clarify your situation in part III of Form 1040X they... Irs changed the amount of their 2020 credit should read the notice may also cover other we!