4 - Erroneous AbatementThe timely filed TC 150 return for TY 2018 is determined to be a nullity. The valid taxpayer filed a return reporting tax of $.00 and withholding of $2,500 which posted as a TC 976. Form 14039 is included with the return. The ASED for the valid return is expired. Based on the original return, the account shows TC 150 tax of $5,000, and withholding of $6,000. A CP 2000 proposing a tax increase of $2,000 based on unreported income is issued to the valid taxpayer’s last known

Note:

Internal Revenue Manual Part 25. Special Topics · 2026-10-03 edition · updated 2026-10-04 · United States

If RC 139 is not included with this adjustment, a separate TC 290 must be input to ensure the account reflects RC 139.

(2) The taxpayer qualifies for RRC and has received less than they are entitled to (including advance payments),

Input adjustment(s) to reduce the credits to reflect the exact amount of EIP the taxpayer received, including offsets. Use BS 05, SC 0, the appropriate CRN(s) and amount(s), RC(s), and HC 4. Post delay the adjustment, if necessary.

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▸Contents — Internal Revenue Manual Part 25. Special Topics

Internal Revenue Manual Part 25. Special Topics

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