Reminder:

If a TC 29X adjustment with a PRN 722 is input to generate a TC 241 PRN 722 to reduce, abate or remove a penalty assessment, a CP 162C or 162E will generate. See IRM 3.14.2.6.10, CP 162 Series Balance Due - Non-Math Error Notices, for specific generation criteria.

Follow general review procedures in IRM 3.14.2.6, General Review Procedures, to determine the timeliness of the return. If the return was filed late follow the procedures in the table below to determine the number of months for which the penalty needs to be assessed.

IRS date stamp (Earliest date stamp by SPC, Area Office, US Consulate, or Revenue Officer).

The earliest legible postmark date (U. S. Postal Service, Foreign Postmark, or Private Delivery Service) on the return.

If

Then

An envelope is not attached

Use the postmark date stamped on the face of the document.

An envelope has both a USPS or Foreign postmark and private metered postmark,

Always use the USPS or Foreign postmark.

An envelope has two private metered postmarks,

Always use the latest private metered postmark.

An envelope has only one private metered postmark,

Use the private metered postmark.

Taxpayer signature date

Julian date minus 10 days

Current date minus 10 days