What This Notice Is About
We charged you a Trust Fund Recovery Penalty (TFRP) for not paying employment or excise taxes.
What You Need To Do
- Read your notice carefully. It will explain your amount due, due date, and payment options.
- Make your payment by the due date. Go to our payments page for more about your payment options.
Frequently Asked Questions
We charged you the TFRP for willfully failing to collect, account for, or pay employment or excise taxes. Find additional information for Employment Taxes and the Trust Fund Recovery Penalty (TFRP).
You can apply online for a payment plan (including installment agreements).
Interest will continue to accrue until the balance is paid.
Not if you pay the full amount you owe by the due date on the payment coupon. However, interest accrues on the unpaid amount after that date.
If you disagree with the penalty charge you may file a suit for refund. To do so, you must:
- pay the withheld tax for one employee for each quarter of liability you disagree with, and
- file a claim for refund on Form 843, Claim for Refund and Request for Abatement (PDF), for the amount paid.
If you want to suspend collection of the penalty while the suit is pending, you must post a bond with the IRS for one and a half times the balance.