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

Reminder:

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

Do not include the quotation marks when using the special paragraphs provided above.

(5) When Form 4547, Trump Account Election(s), was submitted with the taxpayer’s valid return or the taxpayer’s statement is related to Trump Accounts, include an appropriate paragraph to acknowledge receipt or answer their question(s). Refer to the table below for case scenarios and applicable paragraphs when issuing a closing letter. You may use a selectable paragraph, special paragraphs listed in the table below, or similar verbiage for various IDT case types, as appropriate, depending on the facts and circumstances of the case.

Case Scenario

Special Paragraph(s)

(1) Form 4547, Trump Account Election(s), is included with the valid return

"Your Form 4547, Trump Account Election(s) has been forwarded for processing. Please visit trumpaccounts.gov for updated information."

(2) The taxpayer has general questions about Trump Account or inquires about the status of their election(s)

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▸Contents — Internal Revenue Manual Part 25. Special Topics

Internal Revenue Manual Part 25. Special Topics

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