Note:

If when retyping the notice, there is a payment reflected on the module and in the “Payments Section” at the bottom of the OLNR display screen, add the total payment amount to the Less Penalty Paid field.

Research the module to verify that the base penalty amount displaying in OLNR is correct. See IRM 3.14.2.6.10.2, CP 162A Failure to File Form 1065, Form 1066 or Form 1120-S General Review Procedures. The steps to review 162A and 162B and the base penalty amounts are the same.

If a secondary assessment was input on a module and the balance on the CP 162B only reflects the current adjustment and not the total penalty assessed and owed on the module, retype the notice to reflect the total penalty amount owed.

Verify the information on the notice is accurate. Retype, Void, Print as appropriate.