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Topic No. 201 The Collection Process. More In Help

Topic No. 201 The Collection Process. More In Help

You file your tax return, you’ll receive a bill for the amount you owe if you don’t pay your tax in full when. This bill begins the collection process, which continues until your account is happy or before the IRS may no further legitimately gather the income tax; for instance, once the time or duration for collection expires.

The very first notice you get is likely to be a page which explains the total amount due and needs payment in complete. It’ll are the level of the income tax, plus any charges and interest accrued on the unpaid stability through the date the income tax ended up being due.