what the notice means
if you don t dispute the accuracy of the assessment the internal revenue service has made you won t need to amend your tax return unless you have additional income expenses or credits that you want to report in that case all you need to do is sign form 5564 notice of deficiency and return it to the irs with a check attached to avoid additional interest and or penalties 1 if you agree with the findings but have additional income expenses or credits to claim it will be necessary to amend your original tax return with form 1040 x 1 you can do this through your online tax prep service or your tax professional or fill out the form yourself it gets more complicated if you disagree with the irs findings if you think the irs notice is incorrect incomplete or otherwise mistaken you can contact them with additional information that will shed light on the case you have 90 days from the date of the notice to dispute the claim you can ask the tax court to reassess or correct or eliminate the liability proposed by the deficiency notice during the 90 days and any period the case is being reconsidered the irs by law can t assess or put your account into collection 1 many taxpayers use a tax professional or attorney to handle the dispute process if the amount in question is significant if you lose the appeal and don t or can t pay the government can file a federal tax lien against your wages personal property or your bank account this is a claim against the assets not the seizure of them that happens when a federal tax levy occurs and the irs actually seizes your property payment plans can also be worked out to avoid liens and seizure 2 