Letter 1058 (LT 11) – Final Notice of Intent to Levy

Urgent: Overdue Taxes – Final Notice of Intent to Levy

What It Means:

The IRS sends an LT11 or Letter 1058 when a business or taxpayer has failed to make payment arrangements for overdue taxes. This serves as the Final Notice of Intent to Levy and gives a hard deadline of only 30 days to respond before assets (property, bank accounts, etc.) may be seized.

Next Steps:

Do not ignore LT11 or Letter 1058. Carefully read the notice and act promptly. If you fail to respond within 30 days, you’ll forfeit your appeal rights and the IRS can move forward with tax liens, levies, and other collection actions.

What to do next:

Pay your outstanding tax balance in full.
If you are unable to pay off your tax debt in full, request an installment agreement.
Explore other tax relief options (Offer in Compromise or CNC status).

If you disagree with the letter:

Request a Collection Due Process (CDP) Hearing ASAP! This will put collections on hold while your case is being reviewed by the IRS.

Because this is a serious situation and your business assets are at risk, we highly recommend consulting with a tax professional to determine the best course of action.

Need Help?

Call 855-774-0271 or complete our online form to schedule a Free Consultation with one of our tax specialists.