Understanding Your CP114 Notice
We made changes to your excise tax return because we believe there was a miscalculation. As a result of these changes, there is an overpayment on your account.
What you need to do
- Read your notice carefully — it explains the changes to your tax account.
- Compare the figures on the notice with your excise tax return.
- If you disagree with our change(s), contact us within 10 days of the date of your notice.
- If you agree with our change(s), correct the copy of your excise tax return that you kept for your records.
- You should receive a refund of any amount overpaid shortly if you haven’t already and you owe no additional amounts we are required to collect. No action is required of you.
You may want to
- Download copies of the following materials (if they weren’t included with your notice).
Answers to Common Questions
Q. How can I find out what caused my tax return to change?
A. Please contact us at the number listed on your notice for specific information about your tax return.
Q. What should I do if I disagree with the changes you made?
A. If you disagree, contact us at the toll free number listed on the top right corner of your notice or respond in writing within 10 days of the date of the notice. If your response provides us with additional information that justifies a reversal of the change, we’ll reverse the change we made to your account. If you agree with the change, update your records. No further action is required.
Q. Will I receive a refund of the amount overpaid?
A. Yes, provided you owe no other outstanding liabilities which we are required to collect and the amount to be refunded is $1 or more.
Tips for next year
Consider filing your excise taxes electronically. Filing online can help you to avoid mistakes and find credits and deductions for which you may qualify. Learn more about e-file.