Why are CP 213 Notices for Forms 5500 and 5500-EZ generated?
The CP 213 notice is not a bill, but does contain a proposed penalty amount due to a late-filed or incomplete Form 5500 or Form 5500-EZ. It is one of a small group of notices that may be received due to a late-filed or incomplete Form 5500 or Form 5500-EZ return before the account is turned over for collection activity. In many instances, there are two letters sent out by the Department of Labor (EFAST Contractor) asking for the missing information or addressing the late-filed return. If there is no response to either of the letters, the return is processed as is, and the information is provided to the IRS. In some other instances, this CP 213 Notice is the first correspondence between the filer and the IRS. The CP 213 Notice gives the filer 30 days after the date the notice was issued to respond. The proposed penalty listed on the notice will be assessed unless the IRS’s Accounts Management Center in Ogden (Ogden) receives written correspondence (accounts cannot be resolved over the p
