IRS LT11 Notice – What It Means and How to Protect Yourself

Receiving an LT11 notice from the IRS is a serious matter. This letter warns that the IRS is preparing to take collection actions against you, such as levying your bank account or garnishing your wages. Understanding the implications of the LT11 and responding appropriately is essential to safeguarding your assets and financial well-being.

What Is the LT11 Notice?

The LT11 is a Final Notice of Intent to Levy and Notice of Your Right to a Hearing. It signifies that the IRS plans to seize your income or property to satisfy an unpaid tax debt. This notice is one of the last warnings before the IRS enforces aggressive collection actions.

Why Did You Receive an LT11 Notice?

You likely received this notice because:

  • You have an unpaid tax debt that remains unresolved.
  • The IRS has previously contacted you about the balance, but no arrangements have been made.
  • The IRS intends to levy your wages, bank accounts, Social Security benefits, or other assets.

What Should You Do Next?

  1. Act Quickly – You have 30 days from the date of the notice to respond before the IRS moves forward with a levy.
  2. Request a Collection Due Process (CDP) Hearing – This hearing allows you to dispute the levy or propose alternative resolutions, such as an installment agreement or an offer in compromise.
  3. Pay the Debt (If Possible) – Paying off the balance will prevent further enforcement actions and additional penalties.
  4. Negotiate a Payment Plan – If full payment isn’t feasible, you may qualify for a structured payment plan to prevent further collection efforts.
  5. Get Professional Assistance – Tax professionals can negotiate with the IRS on your behalf, help you avoid levies, and explore hardship status or debt reduction programs.

Consequences of Ignoring an LT11 Notice

If you fail to respond within the 30-day window, the IRS may proceed with asset seizures, which could result in:

  • Wage garnishment
  • Bank account levies
  • Seizure of personal or business assets
  • A negative impact on your credit score

How Rappaport Tax Relief Can Help

At Rappaport Tax Relief, we specialize in stopping IRS levies and negotiating favorable resolutions for taxpayers. If you’ve received an LT11 notice, don’t wait until it’s too late. Call us today at (917) 488-8295, and let’s work together to protect your income and assets from aggressive IRS actions.

 

by David Rappaport