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The IRS notice CP14 is a demand for tax payment that is commonly sent to taxpayers, often accompanied by the CP2000 notice. In this video tutorial, the reasons for receiving a CP14 notice are explained, along with a breakdown of each section of the notice. The most common situation for receiving a CP14 notice is failing to pay the full amount of tax due when filing a tax return, including penalties and interest. Other situations that may lead to receiving a CP14 notice are also discussed. Later in the video, steps on what to do if you receive a CP14 notice from the IRS will be explained.