Levy Process

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What starts the levy process?

Levy Process

DebtHelp.com Tip: After you have received your Notice of Lien statement, you will receive other notices allowing certain time periods in order to take care of your back taxes. If you choose to ignore any of these notices, the IRS levy process starts.

First, you will receive IRS letters all stating the amount of your unpaid taxes and that the IRS is intending to levy your property to satisfy this debt. You will be given references involving IRS Publications that you can refer to for more information. You also will be given information about how you can appeal the levy process. Letters you may receive include:

  • Letter 11 – Final Notice of Intent to Levy and Notice of Your Right to a Hearing. You should receive this 30 days prior to the levy.
    Letter 1058 – Final Notice Reply within 30 Days
  • Letter 1085 – 30-day letter proposed assessment
Whichever you receive will depend upon your individual situation.

After receiving an IRS letter, you will receive a notice regarding your IRS levy.

  • CP 90 – Final Notice of Intent to Levy
  • CP 92 – Notice of Levy upon Your State Tax Refund
    CP 242 – Notice of Levy upon Your State Tax Refund
Once again, which Notice you receive will depend upon your individual situation.

On average, there will be a 30 day period between the time you receive notice of levy and the actual seizure of your property. It does not come unexpectedly.

A written notice of levy can be mailed to a third party holding your property (such as a bank), or an IRS agent can simply show up at your property and take property.

The IRS levy process can extend over months. It is not something that ends in an IRS agent simply showing up at your door while taking your property. You have received ample notice about the process, yet have chosen to ignore it. Therefore, you are paying the consequences. The IRS levy process is the last step in the enforced collection process.



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