IRS Notice CP21H Explained: What It Means & What to Do

IRS Notice CP21H means the IRS changed your tax return in a way that affected your Shared Responsibility Payment (SRP). In this video, I explain what CP21H means, why the IRS sends it, and what you should do after receiving one. 📞 *Call 866-8000-TAX for a free tax relief consultation.* 📅 *Book online:* https://choicetaxrelief.com/free-tax-... The Shared Responsibility Payment was the federal tax penalty associated with not maintaining qualifying health insurance coverage. Although the federal SRP was discontinued after 2018, taxpayers can still receive notices involving affected prior tax years. If you received IRS Notice CP21H, you'll want to carefully review the adjustment the IRS made and determine whether you agree with it. Depending on the notice, the change could result in a refund or an amount owed. In this video, we'll go over IRS Notice CP21H, what the notice is telling you, and the steps you can take if you agree or disagree with the IRS's changes. Choice Tax Relief helps individuals and businesses resolve serious IRS and state tax problems. If you're dealing with back taxes, IRS notices, tax liens, levies, unfiled returns, or other tax issues, call us or schedule a free consultation using the information above. #IRS #IRSNotice #CP21H #TaxProblems #TaxRelief