What this notice is about We issue a CP523H notice when we intend to terminate your installment agreement. What you need to do Pay the amount due immediately. Go to the Payments page to make your payment or find out more about your payment options. If you can’t pay, call the number on your notice to see if you can reinstate your agreement. If we do reinstate the agreement, you may have to pay a fee. Read your notice carefully ― It explains what to do now that you have defaulted on your installment agreement. If you don't respond, we will terminate your installment agreement. Frequently asked questions What is the notice telling me? That we intend to terminate your installment agreement and why we’re taking this action. What is the Shared Responsibility Payment? The Shared Responsibility Payment (SRP) amount you owe is the payment assessed for not having minimum essential health coverage for yourself and other members of your tax household or qualifying for an exemption from coverage per Internal Revenue Code Section 5000A - Individual Shared Responsibility Payment. What do I have to do? Contact us immediately at the number listed at the top of the notice. We’ll discuss what you need to do to resolve this issue. If you can't pay the total amount now, call the number at the top of your notice to see if you qualify for a reinstatement or restructuring of your installment agreement. If you do, we may charge you a fee. How much time do I have? You should contact us as soon as possible but no later than 30 days from the date of the notice. Who should I contact? If you have questions, call us at the number at the top of your notice. A customer service representative will assist you. What if I don't agree or have already taken corrective action? If you don't agree with our reason for terminating your installment agreement, call us at the number on the top of your notice. If you've already taken corrective action, you should still call us to make sure we have a record of your action so we can reinstate your installment agreement. Will I be charged interest on the money I owe? Yes, interest will continue to accrue if you don't full pay the amount you owe by the date on the payment coupon. Will I receive a penalty if I can't pay the full amount? No, penalties do not apply to the SRP. The law prohibits the IRS from using liens or levies to collect any individual shared responsibility payment. However, if you owe a shared responsibility payment, the IRS may offset that liability against any tax refund that may be due to you. 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. Review Publication 5187, Affordable Care Act: What You and Your Family Need to KnowPDF. Reference tools Publication 1, Your Rights as a Taxpayer Publication 594, The IRS Collection ProcessPDF Publication 1660, Collection Appeal RightsPDF Notice 746, Information About Your Notice, Penalty and InterestPDF Paying your taxes Full list of tax forms and instructions Need help? You can authorize someone to represent you before the IRS or inspect and/or receive confidential tax information. You may be eligible for free help from the Taxpayer Advocate Service (TAS). See if you qualify for help from a Low Income Taxpayer Clinic. You can request a copy of your notice or letter in Braille or large print. If you can’t find what you need online, call the telephone number on your notice or letter.
