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IRS notice CP504

IRS Notice CP504: notice of intent to levy

By The Latchkey Daily Team, EditorsPublished Updated

A CP504 says the IRS intends to seize your state tax refund and may take further collection action, including a lien, if the balance is not paid.

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What to do this week

  1. Act this week: a payment plan or CNC request made now stops the escalation.
  2. Call the number on the notice if you dispute the amount or need hardship status.
  3. Get your IRS transcripts to see exactly what is assessed and for which years.
  4. If you have unfiled returns, file them; they are required for any resolution.

The notice number is printed in the top right corner of the letter. Match it before doing anything else; scammers mail fake IRS letters, and a real one can be confirmed at irs.gov/account, where the same balance will appear.

When to get help

  • You cannot pay the balance within 72 months.
  • You have unfiled years.
  • You have assets (home equity, savings) the IRS could reach.
  • You are not sure what the IRS has on file.

Questions people ask

What does IRS CP504 mean?
A CP504 says the IRS intends to seize your state tax refund and may take further collection action, including a lien, if the balance is not paid.
What is the deadline on CP504?
Pay or make arrangements by the date on the notice, usually 30 days; after that the state refund levy can happen without more warning.
What happens if I ignore CP504?
The IRS levies your state refund, may file a Notice of Federal Tax Lien, and sends a final notice (LT11 or Letter 1058) before levying wages and bank accounts.

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