Understanding your CP523A notice

 

What this notice is about

We sent you this notice to inform you of our intent to terminate your installment agreement and seize (levy) your assets. You haven’t met the terms of your installment agreement because you didn’t pay a new tax liability, and your current monthly payment amount isn’t enough to cover your new tax liability.

We need to hear from you within 30 days of the date on your notice to prevent your installment agreement from being terminated.

What you need to do

Prevent your installment agreement from being terminated by either paying the amount you owe for the new liability or increasing your monthly payment amount:

You may want to

Frequently asked questions

If we don’t hear from you before the deadline provided on your notice, we’ll terminate your installment agreement and send you a bill for the full amount you owe. If we terminate your agreement and you don’t submit a timely appeal, we’ll begin taking collection action, which can include filing a federal tax lien or seizing (levying) your wages and/or bank accounts.

You may also be subject to the Fixing America’s Surface Transportation (FAST) Act legislation, which generally prohibits the U.S. Department of State from issuing or renewing a passport if you have seriously delinquent tax debt.

If you don't agree with our reason for terminating your installment agreement, contact us at the toll-free number provided on your notice. If after talking with us you still don’t agree, you have the right to file an appeal and can request a hearing with the IRS Independent Office of Appeals.

Learn more about requesting an appeal under the Collection Appeals Program (CAP) before collection action takes place by following the instructions on your notice.

You should pay taxes as you earn or receive income during the year. You can do this by having your employer withhold tax from your wages or by making estimated tax payments. Learn more about withholding and estimated tax payments.

The IRS Tax Withholding Estimator estimates your federal income tax paycheck withholding amount and can help you perform a "paycheck checkup.”

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