IRS Letters and Forms
Notice code 472

Notice code 472 (Default) — You don’t owe self-employment tax when your net earnings from self-employment are less than $434, as…

You don’t owe self-employment tax when your net earnings from self-employment are less than $434, as shown on Form 1040-SS. We changed your self- employment tax accordingly.

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472

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What the IRS language says

You don’t owe self-employment tax when your net earnings from self-employment are less than $434, as shown on Form 1040-SS. We changed your self- employment tax accordingly.

What it usually means

472 is in our IR Manual catalog. Official wording is dense — we translate it for business owners and individuals and map realistic next steps.

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