What to do if you get this letter from the IRS
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(WJW) – If you get this letter from the IRS, don’t throw it away.
LT38 Notices started being sent out at the beginning of the year.
Nearly 3.7 million people will get one.
Here’s what it means:
Collection notices that were suspended during the pandemic are coming back.
LT38 Notices are a reminder about outstanding balances as normal operations resume. The notices will include a balance and options to resolve your account.
Here’s what the IRS says to do:
- Read your notice and follow the instructions
- File missing tax returns (if any)
- Pay your balance or make payment arrangements
The letter will contain information on how much is owed and when it is due. The IRS says outstanding balances will also collect interest.
Still have questions? Here are some answers from the IRS.
