IRS Letter 2050 – You Have Overdue Taxes or Tax Returns
A response is required within 10 days of this notice to address an unpaid tax balance or past-due return issue.
Type of Notice: Unpaid balance, Late return
Most common tax problem area: IRS bill for unpaid taxes
Why you received IRS Letter 2050
- You did not file a tax return or pay a balance due by the due date.
- The IRS sent multiple notices requesting that you file a return or make a payment, but never received a response.
- The IRS sends Letter 2050 to notify you that your account has been assigned to the office listed on the notice for enforcement action such as seizing part of your wages, bank accounts, state income tax refunds or more.
Your options to address IRS Letter 2050
- Make arrangements to pay
- Dispute the taxes you owe
- Dispute the penalties
Notice deadline: 10 days
If you miss the deadline: The IRS will issue a levy against wages, bank accounts or other assets if you don’t pay the balance in full or contact the IRS to establish a payment agreement.
Want more help?
See your local tax pro for a free consultation.
Letter from the IRS?
Your local H&R Block tax pro can look into it for you.Schedule a Free Consultation
Learn about the different options when you can't pay or still owe money from a past return from the tax experts at H&R Block.
Learn about the consequences and complications of an unflied tax return from the experts at H&R Block.
Liens and levies are tools the IRS uses to collect back taxes. Learn more about each one -- and how to avoid tax liens and levies by working with the IRS.
If you haven't filed required tax returns, find out how far back you may need to file, and get the nine tips you need to know about filing back tax returns.
Learn what to do when you can’t pay your taxes – to avoid these 10 consequences of tax debt. Get the facts from the tax experts at H&R Block.
Learn the three main benefits of engaging a power of attorney to research your IRS account and resolve your tax problems. Get the facts from the experts at H&R Block.