NOTICE

Department of the Treasury Notice: CP$2000$

Internal Revenue Service Tax Year: $2019$

PO Box $260000$ Notice Date: July $10,$

$2020$

Philadelphia, PA $18000$ SSN: $599-99-9000$

Franklin Demonte

$198$ Dover Street

West Andover, CA $92000$

We are proposing changes to your $2019$ Form $1040.$ This is not a bill.

Proposed Amount Due: $$10,934$

We received information from third parties, such

As employers and financial institutions that doesn$$t

Match the information that you reported on your tax

Return.

Summary of proposed changes

Tax you owe: $$26,180$

Payments: $$15,703$

Interest: $ $457$

Proposed amount due by August $10,2020$ $$10,934$

If you disagree with these proposed changes, include the details of your disagreement along with

any documentation that supports your claim prior to August $10,2020.$

Details that would normally be included on subsequent pages of the Notice and within your

knowledge of the client:

Franklin Desmonte is an avid investor who participates in many financial transactions during the

year. On May $17,2019,$ Franklin bought a small lot in a neighborhood he frequently transacts in

for $$54,250$ but immediately sold it for the same amount to an interested buyer because no other

costs would be incurred and he was too busy with other projects. The sale to the interested buyer

was reported to the IRS for $$54,250$ in income. Franklin received this paperwork at closing but

inadvertently omitted it from the tax support he provided to you since he didn$$t make any money

on it$.$

Prepare a protest letter to the IRS regarding tax and interest due, and indicate below your

enclosures which support you will be including with your response. Also, include in your letter

any appropriate citations to support your position.