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IRS Notice CP501 – You Have Unpaid Taxes, Amount Due

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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 make it difficult for you to get credit.

Want more help?

See your local tax pro for a free consultation.

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