Question

What happens next after an LT11 or Letter 1058 is sent? The taxpayer is called. The...

What happens next after an LT11 or Letter 1058 is sent?

The taxpayer is called.

The IRS may issue levies against wages and bank accounts.

No further notices are sent.

The taxpayer is arrested.

Homework Answers

Answer #1

Ans:

The letter LT11 and Letter 1058 are issued if you have unpaid balance of tax due to your return filed and you not responded to the requests of asking payments. The IRS Letter LT11 or Letter 1058 is sent to a taxpayer to inform them that the IRS intention is to seize your property or your rights to property. It gives a chance to taxpayer to further file an appeal against it. Taxpayer gets 30 days to file an Appeal against LT11 or Letter 1058. After that "The IRS may issue levies against wages and bank accounts".

So correct answer is option B.

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