CP 521 Frequently Asked Questions (FAQs) |
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What is the notice telling me?
This notice is telling you that you that your monthly installment agreement payment of a specific amount is due to us by a specific date.
What do I have to do?
Pay the amount due as shown on the notice. Mail us your payment in the envelope we sent you. Include the bottom part of the notice to make sure we correctly credit your account.
What happens if I don't pay?
If you make your payment late, you may be subject to additional fees for re-establishing your installment agreement. If you don't make your scheduled payment, you will be subject to levies on your wages or bank accounts in addition to federal tax liens. The lien gives us a legal claim to your property as security or payment for your tax debt.
Who should I contact?
If you have any questions about the notice, call us at the number printed at the top of the notice. The person who answers the phone will assist you.
What if I don't agree or have already taken corrective action?
If you do not agree with this notice, call us immediately at the number printed at the top of the notice. We will do our best to help you. If you called us about this matter before, but we did not correct the problem, you may want to contact the Office of the Taxpayer Advocate.
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Page Last Reviewed or Updated: December 23, 2008