IRS Notice CP501 – You Have Unpaid Taxes, Amount Due

An unpaid balance remains on an income tax return for the year indicated. The IRS is requesting payment.

View notice CP501 image

Type of Notice: Unpaid balance

Most common tax problem area: IRS bill for unpaid taxes

Other tax problem areas: IRS penalties

Why you received IRS Notice CP501

  1. The IRS sent you a notice indicating you have a tax balance due, but the IRS never got a response.
  2. The IRS is requesting payment.

Your options to address IRS Notice CP501

  1. Make arrangements to pay
  2. Dispute the taxes you owe
  3. Dispute the penalties

Notice deadline: 21 days

If you miss the deadline: Additional penalties and interest will accrue. The IRS may file a Notice of Federal Tax Lien against you. A tax lien can damage your credit or make it difficult for you to get credit.

Want more help?

See your local tax pro for a free consultation.

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