Explore All Topics

IRS Notice CP60 – Misapplied Payments

1 min read

1 min read

A credit, which was applied to your account in error, was reversed. You now have a balance due.

View notice CP60 image

Type of Notice: Unpaid balance

Most common tax problem area: IRS bill for unpaid taxes

Why you received IRS Notice CP60

  1. The IRS misapplied payments to your tax account.
  2. The IRS discovered the error and transferred the payments to the correct account.
  3. CP60 was sent to notify you that the payments were transferred and you now have a balance due.

Your options to address IRS Notice CP60

  1. Dispute the taxes you owe
  2. Dispute the penalties
  3. Make arrangements to pay

Notice deadline: 21 days

If you miss the deadline: Additional interest and applicable penalties will be charged.

Want more help?

See your local tax pro for a free consultation.

Was this topic helpful?