CP14I

1 reply, 2 voices Last updated by Refundtalk 5 years, 1 month ago
  • tara berks
    Moderator
    @t_berks
    #6929

    Why did I receive an IRS Letter CP14I and what do I need to do?

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    Refundtalk
    Keymaster
    @admin
    #7011

    You owe taxes and penalties because you didn’t take out the minimum amount you had to from your traditional individual retirement arrangement (IRA). Or, you put into a tax-sheltered account more than you can legally.

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