Notice CP501
Tax year 2017
Notice date January 28, 2019
Taxpayer ID number NNN-NN-NNNN
To contact us XXX-XXX-XXXX
Your caller ID NNNN
Amount you owed $9,444.07
Failure-to-pay penalty
34.98
Interest charges
54.48
Amount due, to be
received by February 19, 2019
$9,533.53
Payment
Department of the Treasury
Internal Revenue Service
Holtsville, NY 11742-0480
TAXPAYER NAME
ADDRESS
CITY, STATE ZIP
You have unpaid taxes for 2017
Amount due: $9,533.53
Our records show you have unpaid
taxes for the tax year ended December
31, 2017 (Form 1040NR).
Billing Summary
Page 1 of 5
If you already paid your balance in full
within the last 21 days or made
payment arrangements, please
disregard this notice.
If you already have an installment or
payment agreement in place for this
tax year, then continue with that
agreement
If you are a debtor in a bankruptcy case, this notice is for your
information only and is not intended to seek payment outside of the
bankruptcy process of taxes due before you filed your petition. You
will not receive another notice of the balance due while
the
automatic stay remains in effect.
Continued on back…
TAXPAYER NAME
ADDRESS
CITY, STATE ZIP
Notice CP501
Notice date January 28, 2019
Taxpayer ID number NNN-NN-NNNN
•
Make your check or money order payable to the United States Treasury.
•
Write your Taxpayer ID number (NNN-NN-NNNN), the tax year (2017), and form number
(1040NR) on your payment.
INTERNAL REVENUE SERVICE
CINCINNATI, OH 45999-0149
•
Amount due, to be
received by
February 19, 2019
$9,533.53
Notice
CP501
Tax year
2017
Notice date
January 28, 2019
Taxpayer ID number
NNN-NN-NNNN
Page 2 of 5
What you need to do immediately
If you agree with the amount due and you’re not working with
an
IRS
representative
•
Payment for the amount due of $9,533.53 must be received by
February 19, 2019, to avoid additional penalty and interest
charges.
•
Pay online or mail a check or money order with the attached payment
stub. You can pay online now at www.irs.gov/payments.
If we notified you that we suspended enforced collection on your
account because it would create a financial hardship (meaning you
would be unable to pay basic reasonable living expenses if we levied)
and your financial condition has not changed, you don’t need to do
anything.
If you disagree with the amount due
Call us at XXX-XXX-XXXX to review your account with a representative.
Be sure to have your account information available when you call.
We’ll assume you agree with the information in this notice if we don’t
hear from you.
Payment options
Pay now electronically
We offer free payment options to securely pay your tax bill directly from
your checking or savings account. When you pay online or from your
mobile device, you can:
•
Receive instant confirmation of your payment
•
Schedule payments in advance
•
Modify or cancel a payment before the due date
You can also pay by debit or credit card for a small fee. To see all of our
payment options, visit www.irs.gov/payments.
Payment
plans
If you can’t pay the full amount you owe, pay as much as you can now
and make arrangements to pay your remaining balance. Visit
www.irs.gov/paymentplan
for more information on installment
agreements and online payment agreements. You can also call us at
XXX-XXX-XXXX to discuss your options.
Back of payment stub
Notice
CP501
Tax year
2017
Notice date
January 28, 2019
Taxpayer ID number
NNN-NN-NNNN
Page 3 of 5
Description Amount
Total failure-to-pay
$34.98
Payment options - continued
Offer in Compromise
An offer in compromise allows you to settle your tax debt for less than
the full amount you owe. If we accept your offer, you can pay with either
a lump sum cash payment plan or periodic payment plan. To see if you
qualify, use the Offer in Compromise Pre-Qualifier tool on our website.
For more information, visit www.irs.gov/offers.
Account balance and payment history
For information on how to obtain your current account balance or
payment history, go to www.irs.gov/balancedue.
If you already paid your balance in full within the past 21 days or made
payment arrangements, please disregard this notice.
If you think we made a mistake, call XXX-XXX-XXXX to review your
account.
If we don’t hear from you
Payment of $9,533.53 must be received by February 19, 2019, to
avoid additional penalty and
interest charges.
If you have not paid the debt already, a federal tax lien has arisen as a
claim against all your property. If you don’t pay the amount due
immediately or make payment arrangements, we can file a Notice of
Federal Tax Lien (NFTL) publicly establishing our priority with your
creditors or we may levy (subject to any applicable Collection Due
Process rights).
If we file the NFTL, it may be difficult to sell or borrow against your
property. The NFTL may also appear on your credit report.
If you don’t agree with our intent to file a NFTL, you have the right to
request an appeal under the Collection Appeals Program before the
NFTL is filed. If you want to file an appeal, call 800-xxx-xxxx or send us a
Collection Appeals Request (Form 9423) to the address at the top of the
notice within 30 days from the date of this notice. Call xxx-xxx-xxxx if you
have any questions. For more information about your appeal rights, see
Publication 1660 (Collection Appeal Rights).
Penalties
We are required by law to charge any applicable penalties.
Failure-to-pay
We assess a 1/2% monthly penalty for not paying the tax you owe by
the due date. We base the monthly penalty for paying late on the net
unpaid tax at the beginning of each penalty month following
the
payment
due date for that tax. This penalty applies even if you filed the
return on time.
We charge the penalty for each month or part of a month the payment is
late; however, the penalty can't be more than 25% in total.
• The due date for payment of the tax shown on a return generally is
the return due date, without regard to extensions.
• The due date for paying increases in tax is within 21 days of the date
of our notice demanding payment (10 business days if the amount in
the notice is $100,000 or more).
Notice
CP501
Tax year
2017
Notice date
January 28, 2019
Taxpayer ID number
NNN-NN-NNNN
Page 4 of 5
Failure-to-pay – continued
If we issue a Notice of Intent to Levy and you don't pay the balance
due within 10 days of the date of the notice, the penalty for paying late
increases to 1% per month.
For individuals who filed on time, the penalty decreases to 1/4% per
month while an approved installment agreement with the IRS is in effect
for payment of that tax. (Internal Revenue Code Section 6651)
For a detailed calculation of your penalty charges, call XXX-XXX-
XXXX.
Removal or reduction of penalties
We understand that circumstances—such as a serious illness or injury, a
family member’s death, or loss of financial records due to natural
disaster—may make it difficult for you to meet your taxpayer responsibility
in a timely manner.
We can generally process your request for penalty removal or reduction
quicker if you contact us at the number listed above with the following
information:
• Identify which penalty charges you would like us to reconsider (e.g.,
2016 late filing penalty).
• For each penalty charge, explain why you believe it should be
reconsidered.
If you write us, include a signed statement and supporting documentation
for penalty abatement request.
We’ll review your request and let you know whether we accept your
explanation as reasonable cause to reduce or remove the penalty
charge(s).
Removal of penalties due to
erroneous written advice from the
IRS
If you were penalized based on written advice from the IRS, we will
remove the penalty if you meet the following criteria:
• You wrote us asking for written advice on a specific issue
• You gave us adequate and accurate information
• You received written advice from us
• You reasonably relied on our written advice and were penalized based
on that advice
To request removal of penalties based on erroneous written advice from
us, submit a completed Claim for Refund and Request for Abatement
(Form 843) to the address shown above. For a copy of the form, go to
www.irs.gov or call 800-TAX-FORM (800-829-3676).
Notice
CP501
Tax year
2017
Notice date
January 28, 2019
Taxpayer ID number
NNN-NN-NNNN
Page 5 of 5
Interest charges
We are required by law to charge interest when you do not pay your
liability on time. Generally, we calculate interest from the due date of
your return (regardless of extensions) until you pay the amount you owe
in full, including accrued interest and any penalty charges. Interest on
some penalties accrues from the date we notify you of the penalty until
it is paid in full. Interest on other penalties, such as failure to file a tax
return, starts from the due date or extended due date of the return.
Interest rates are variable and may change quarterly. (Internal Revenue
Code Section
6601)
Description Amount
Total interest
$54.48
The table below shows the rates used to calculate the interest on your
unpaid amount due. For a detailed calculation of your interest, call
XXX-XXX-XXXX
.
Period Interest rate
October 1, 2016 – December 31, 2016
3%
Beginning January 1, 2017
3%
Additional information
•
Visit www.irs.gov/cp501.
•
You may find the following publications helpful:
− Publication 1, Your Rights as a Taxpayer
− Publication 594, The Collection Process
•
For tax forms, instructions, and publications, visit www.irs.gov or call
800-TAX-FORM
(800-829-3676).
•
Paying online is convenient, secure, and ensures timely receipt
of
your
payment. To pay your taxes online or for more information, go to
www.irs.gov/payments.
•
You can contact us by mail at the following address. Be sure to
include your taxpayer identification number, the tax year, and the form
number you are writing about.
Internal Revenue
Service
P.O. Box
249
Memphis, TN
38101-0249
•
Keep this notice for your records.
We’re required to send a copy of this notice to both you and your
spouse. Each copy contains the same information about your joint
account. Please note: Only pay the amount due once.
If you need assistance, please don’t hesitate to contact us.
