These emails are a phishing scam, trying to trick victims into providing personal and financial information. Do not respond or click any link. If you receive this scam, forward it to firstname.lastname@example.org and note that it seems to be a scam phishing for your information.
If there's no notice number or letter, it's likely that the letter is fraudulent. It's recommended you call the IRS at 800-829-1040. You can give them the notice number or letter number that's on the correspondence, and an IRS representative will tell you whether or not it's legitimate.
As you prepare to file your 2021 taxes, you'll want to watch for two letters from the IRS to make sure you get the money you deserve. This year, the IRS is mailing two letters – Letter 6419 and Letter 6475 – to qualifying Americans.
The letters are meant to help with your 2021 tax returns by more thoroughly explaining how to claim your economic impact (stimulus) payments, which aren't taxed but still must be claimed.
Often the letter will appear to be from a Government official or lawyer. Do not reply to the letter and never send your bank or personal details. Often these kinds of scam letters are badly written. If you see spelling mistakes and poor grammar, this is a good indication that it's a scam.
The IRS and its authorized private collection agencies do send letters by mail. Most of the time, all the taxpayer needs to do is read the letter carefully and take the appropriate action. Don't reply unless instructed to do so. ... On the other hand, taxpayers who owe should reply with a payment.
In early 2022, the IRS will send out Letter 6475 to provide the total amount of the third Economic Impact Payments that individuals received.
In fact, the IRS cannot send you to jail, or file criminal charges against you, for failing to pay your taxes. ... This is not a criminal act and will never put you in jail. Instead, it is a notice that you must pay back your unpaid taxes and amend your return.
IRS Audit Letters
The IRS sends written notification to the taxpayer's or business's last known address of record. Alternatively, IRS correspondence may be sent to the taxpayer's tax preparer.
Since the time limit ends around tax time, the agency may issue many of its audit letters in the fall and winter of the year before the three-year window expires. However, the IRS sends out audit letters at any time of year.
In most cases, a Notice of Audit and Examination Scheduled will be issued. This notice is to inform you that you are being audited by the IRS, and will contain details about the particular items on your return that need review. It will also mention the records you are required to produce for review.
Here's what happens if you ignore the notice:
The IRS will make changes to your return (like adding income or removing deductions and/or credits). The IRS will propose taxes and possibly penalties, and you'll get a “90-day letter” (also known as a statutory notice of deficiency).
Letter 6475 (third economic impact or stimulus payment): Late in January, the IRS will begin issuing letters to people who received a third payment in 2021. This letter will say “Your Third Economic Impact Payment” near the top and “Letter 6475″ on the bottom righthand side of the page.
Letter 6475 is the official record of your Economic Impact Payment, or stimulus money, for 2021. The letter helps tax filers determine whether the taxpayers are owed money or discover if they are eligible to claim the Recovery Rebate Credit on their 2021 tax returns.
In 2021, California launched two-state stimulus programs: the Golden State Stimulus I and Golden State Stimulus II. These stimulus checks are worth up to $1,200 and $1,100, respectively. Furthermore, the state recently issued about 139,000 stimulus checks.
The third stimulus check was sent out to eligible American families starting back in March 2021 as part of the American Rescue Plan Act. And while the Internal Revenue Service has announced they've now sent out all qualified payments, they say some families may still be leaving money on the table.
The third round of Economic Impact Payments was authorized by the American Rescue Plan Act of 2021 as an advance payment of the tax year 2021 Recovery Rebate Credit.
The second stimulus checks for the COVID-19 relief package are set to total $600 per person, with phase outs based on adjusted gross income limits that are similar to the first relief package. Families also get additional $600 payments for each qualifying dependent under age 17.
I haven't received Letter 6475
Instead, you will have to create an IRS online account in order to see your economic impact payments. Should you find that you were eligible but did not receive the third stimulus check, you can claim the money back via the recovery rebate tax credit when you file your 2021 tax return.