How to Get a 147c Letter from IRS
If you are a taxpayer who has received a notice from the IRS, it is important to understand the implications and the steps you need to take. One such notice is the 147c letter, which is sent to taxpayers who have not filed their tax returns for several years. This article will guide you on how to get a 147c letter from the IRS and what actions you should take upon receiving it.
Understanding the 147c Letter
The 147c letter is an official notice from the IRS informing you that you have not filed your tax returns for a specific year. This letter is typically sent to taxpayers who have not filed their returns for three or more years. The IRS uses this letter to notify you of the potential penalties and interest that may accumulate if you do not file your returns promptly.
Steps to Get a 147c Letter from IRS
1. Check Your Records: Before contacting the IRS, review your records to ensure that you have not filed the missing tax returns. If you find that you have not filed, proceed to the next step.
2. Contact the IRS: Call the IRS at 1-800-829-1040 to request a 147c letter. You will need to provide your name, Social Security number, and the tax years for which you need the letter.
3. Wait for the Letter: After contacting the IRS, you will need to wait for the 147c letter to be mailed to you. This process may take several weeks.
4. Review the Letter: Once you receive the 147c letter, carefully review it to understand the details of the IRS’s notice. The letter will provide information about the penalties and interest that may accrue if you do not file your returns.
What to Do After Receiving a 147c Letter
1. File Your Tax Returns: The first step after receiving a 147c letter is to file your missing tax returns. You can file your returns by mail or online, depending on your preference.
2. Request an Extension: If you are unable to file your returns within the required timeframe, you can request an extension from the IRS. However, keep in mind that an extension to file does not grant you an extension to pay any taxes owed.
3. Pay Any Taxes Owed: If you owe taxes, it is important to pay them as soon as possible to avoid additional penalties and interest. You can pay online, by phone, or by mail.
4. Consider an Installment Agreement: If you are unable to pay the full amount of taxes owed, you may consider applying for an installment agreement with the IRS. This allows you to pay your taxes in smaller, more manageable monthly payments.
Conclusion
Receiving a 147c letter from the IRS can be a daunting experience, but it is important to take immediate action. By following the steps outlined in this article, you can ensure that you address the issue promptly and avoid further penalties and interest. Remember to file your missing tax returns, pay any taxes owed, and consider an installment agreement if necessary.
