Understanding Your LP59 Notice
This notice tells you we previously sent you a notice of levy to collect money from the taxpayer named in the notice, but did not receive a response or an explanation of why you haven’t sent it.
What you must do
- If you previously responded, complete the information and mail it to us in the enclosed envelope.
- You are legally responsible for responding to the levy and must send us the amount you owe the taxpayers, not exceeding the amount on the levy.
You may want to
- Respond by correspondence or call the number listed in the notice. The person who answers can assist you.
- Keep this notice in your permanent records.
Answers to common questions
What happens if I don't respond to the levy?
You are legally responsible for responding to the levy and must send us the amount you owe the taxpayers, not exceeding the amount on the levy. Failure to do so could result in you being personally liable to us for the amount you owe the taxpayer.
We may also impose a penalty of up to 50 percent of the tax owed (Internal Revenue Code Section 6322). If you owe the taxpayers salary or wages, this levy applies until the taxes are paid or we send a release of levy.
What happens if the levy creates an immediate economic hardship?
We may release the levy. A levy release does not mean you are exempt from paying the balance. We will work with you to establish payment plans or take other steps to help you pay off the balance.