IRS Notice 1741 Collections

The IRS uses Letter 1741 for small-dollar cases to delay a payment agreement for you & request that you call them to discuss “income and expense information”.

You will need to prepare Form 433A before you call them. You can use this in conjunction with Form 9465 to request an installment agreement.

The IRS will want proof of your income using several paystubs. They usually want to know total household income, even if one of the cohabitants is not responsible for the tax.

For expenses, they want proof of the billings & payments for living expenses. Be prepared to send them all rent or mortgage payments, medical, auto, insurance, child support, etc.

Since you don’t owe a huge tax liability, the IRS will divide the amount by 72 to arrive at your “streamlined” installment agreement. If you can show, with substantiation, that you can’t pay this amount, you may be able to negotiate a lower amount.

Delay a payment agreement

IRS Notice 1741 Collections

The IRS uses Letter 1741 for small-dollar cases to delay a payment agreement for you & request that you call them to discuss “income and expense information”.

You will need to prepare Form 433A before you call them. You can use this in conjunction with Form 9465 to request an installment agreement.

The IRS will want proof of your income using several paystubs. They usually want to know total household income, even if one of the cohabitants is not responsible for the tax.

For expenses, they want proof of the billings & payments for living expenses. Be prepared to send them all rent or mortgage payments, medical, auto, insurance, child support, etc.

Since you don’t owe a huge tax liability, the IRS will divide the amount by 72 to arrive at your “streamlined” installment agreement. If you can show, with substantiation, that you can’t pay this amount, you may be able to negotiate a lower amount.

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What is my first step?

If you received a letter or notice, a decision has to be made. Do you feel confident to handle this situation on your own? If it is a simple issue and you already know the answer, call or write them. If the issue is more complicated, you need to hire a Certified Tax Resolution Specialist. The IRS or State will take full advantage of your lack of knowledge and experience.

What is Your Next Step?

The next step is to determine if the notice was sent in error. Do you have an outstanding tax liability? Do you have unfiled or incomplete returns?

Is There a Time Limit?

Yes, each letter or notice from the IRS or State will indicate a date that you MUST to contact them by. If you need more time, call the number on the notice or letter and request an extension. DO NOT ALLOW the time to expire without contacting them or hiring a representative to contact them for you.

What You Don’t Want to Do!

What you don’t want to do is nothing. Your tax problems will only get worse if you ignore them. If you cannot pay, there are a number of potential solutions available to those who are otherwise in compliance. In compliance means having all tax returns filed and any balances paid or on a payment plan. If you have outstanding debts or unfiled returns, you need to get hire a Certified Tax Resolution Specialist.

Get Some Help

If you don’t know how to address the issue(s), have unfiled return/unpaid balances or just done feel confident, let the experts at Legacy Tax & Resolution Services represent you. Work with our team of Certified Tax Resolution Specialists to resolve your issue(s) quickly. Best of all, you don’t have to talk to the IRS or State; we can speak on your behalf.