Notice CP256V - Estimated Tax Payment

Type: Payment Received | Level: info

IRC Section: IRC § 6654

Response Deadline: N/A

The IRS is reminding you to make estimated tax payments. If you're self-employed, have investment income, or didn't have enough withheld from your paychecks, you may need to send quarterly payments to avoid a penalty at tax time. This is a reminder, not a bill.

A CP256V is an estimated tax payment reminder. The IRS is reminding you that you may need to make estimated tax payments for the current tax year if you expect to owe more than $1,000 when you file. This is a proactive reminder, not a penalty or a bill.

Common Triggers

• Estimated payment received
• Payment confirmation
• Quarterly payment

Resolution Steps

1. Step 1: Keep this notice for your records
2. Step 2: Verify the amount matches your records
3. Step 3: Contact us if the amount is incorrect
4. Step 4: Continue making estimated payments
5. Step 5: File this with your tax documents

Common Questions About CP256V

Do I need to make estimated tax payments?

You generally need to make estimated payments if you expect to owe at least $1,000 in tax for the year after subtracting withholding and credits, and if your withholding and credits will be less than the smaller of 90% of the current year's tax or 100% of the prior year's tax.

When are estimated tax payments due?

Quarterly: April 15, June 15, September 15, and January 15 of the following year. If any of these fall on a weekend or holiday, the deadline is the next business day.

Related Notices

• Notice CP259

Additional Resources