NOTICE LT73

An IRS LT73 Notice is a letter sent by the Internal Revenue Service (IRS) to taxpayers who have unpaid federal employment taxes. The notice informs the taxpayer that the IRS has issued a levy on their bank account to collect the unpaid taxes. The levy will take effect if the taxpayer does not pay the balance due by the deadline specified in the notice.

• You failed to file your federal employment tax returns.
• You filed your federal employment tax returns incorrectly.
• You failed to pay your federal employment taxes on time.

• The first thing you should do if you receive an IRS LT73 Notice is to review the notice carefully to understand the amount of your tax debt and the deadline for payment. If you can afford to pay the balance due in full, you should do so immediately to avoid further penalties and interest charges. You can make a payment online, by phone, or by mail.
• If you cannot afford to pay the balance due in full, you should call the telephone number listed on the notice to discuss payment options. You may be able to set up a payment plan or apply for an Offer in Compromise.
• If you believe that the IRS has levied your bank account in error, you should also call the telephone number listed on the notice. You will need to provide the IRS with documentation to support your claim.