challenge a 1040 correction?

Jun 20, 2007 0 Replies

I received a letter from the IRS stating that they were making a correction to my student loan deduction. They included a payment coupon for the taxes that are owed. They also state that if i wish to challenge I can contact them. Will challenging this change subject me to a full audit? Or will they simply ask for some documentation of my student loan deduction tax forms? I feel that they may have not received the notification from my student loan lender regarding how much student loan interest I payed. Thanks



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