What this notice is about You received this notice to remind you of the amount you owe in tax, penalty and interest. What you need to do Read your notice carefully. It will explain how much money you owe on your taxes. You may want to Make payment arrangements if you cannot pay the full amount you owe. Learn more about your payment options and how to make a payment arrangement. Learn more about how to submit an offer in compromise. Frequently asked questions Am I charged interest on the money I owe? Yes, interest accrues on your unpaid balance until you pay it in full. Do I receive a penalty if I cannot pay the full amount? Yes, you receive a late payment penalty. What happens if I cannot pay the full amount I owe? You can arrange to make a payment plan with us if you cannot pay the full amount you owe. How can I set up a payment plan? Call the toll-free number listed on the top right corner of your notice to discuss payment options or learn more about payment arrangements. Helpful information Publication 594, The IRS Collection ProcessPDF Notice 746, Information About Your Notice, Penalty and InterestPDF Form 1040-ES, Estimated Tax for IndividualsPDF Publication 505, Tax Withholding and Estimated TaxPDF Form 9465, Installment Agreement RequestPDF Tips for next year Consider filing your taxes electronically. Filing online can help you avoid mistakes and find credits and deductions that you may qualify for. In many cases you can file for free. Learn more about e-file. Reference Tools Publication 1, Your Rights as a Taxpayer Publication 17, Your Federal Income Tax Full list of tax forms and instructions Bezwen èd? Ou ka otorize yon lòt moun nan (an anglè) pou kontakte IRS pou ou. Gade si w kalifye pou jwenn èd nan men yon Sant pou Kontribyab ki gen Revni Fèb (an anglè). Si w pa kapab jwenn sa w vle a anliy, rele nan nimewo IRS nan pati anlè notifikasyon oswa lèt ou a. Si w pa te resevwa yon lèt oswa yon notifikasyon, itilize asistans pa telefòn Si ou pa ka rezoud penalite a poukont ou, kontakte Sèvis Defans Kontribyab la, yon òganizasyon endepandan anndan IRS.