IRS LT14 Notice Unpaid Tax Balance Explained

Patrick Waletr

Received IRS Letter 14 (LT14)? This notice alerts you to an unpaid tax balance and urges prompt action to avoid further penalties. Learn what it means and how to respond effectively to resolve in this video.

Transcript

00:00Hi, everybody. Jamie Flores with another IRS notice. This is an LT14. It is a notice that

00:07says you have a filed tax return and you have an unpaid balance. It goes over what that balance is.

00:12They now have a nice QR code so you can make a payment. If you can't make a payment, it tells

00:18you what number to call and where to go with the IRS to make other arrangements. On page two,

00:24sometimes the bottom of page one, it will list out all the years and for what tax forms you owe

00:30and the dollar amount owed and the penalties and interest so you know where that dollar amount

00:35is coming from. It also tells you if you need to write in. It gives you an address on where to write

00:40in and like always, they give you a payment voucher so that you can make your payment. If you have any

00:46questions, give us a call.

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