Receiving a tax notice or letter is never a pleasant experience. It can be confusing and frustrating if you don't understand why you received the notice in the first place. That's why we wrote The Ultimate Guide to Tax Notices and created a tax notice library filled with the most common tax notices and letters you might receive. We believe the process of staying compliant with your taxes should be as effortless as possible.
General Information
- What is the notice number? LTR484C
- What government agency sends this notice? The Internal Revenue Service (IRS)
- What is this notice about? The IRS cannot accept your proposed monthly payment for an installment agreement. However, they are offering a higher payment option instead.
- What should you do if you receive this notice? If you accept, sign and return Form 433D (or follow other steps if paying by check). If you cannot accept, the IRS requires detailed financial information before considering a different plan.
FAQs & Additional Information
- Does Letter 484C mean my installment agreement is fully denied? Not necessarily. It means the IRS can’t accept your proposed payment amount but may accept a higher amount or require more documentation.
- Why is the IRS offering a higher payment instead of the amount I proposed? The IRS likely reviewed your financial data and believes you can afford more each month.
- What if I can’t pay the higher amount? You’ll need to complete and submit Forms 433A or 433F, along with proof of expenses, so the IRS can verify what you can reasonably pay.
- What happens if I don’t submit the additional forms? The IRS may continue collection actions, which can include liens or levies.
- Can I negotiate a lower payment after sending in Form 433A or 433F? Yes, the IRS will review your financial details and potentially adjust the monthly payment if your records show you truly can’t afford the proposed amount.
- Why is it important to be thorough when filling out these forms? Missing or incomplete information can lead to rejection or delays, so it’s best to ensure all details and required documents are included.
What does it look like?
How can we help you today?
Are you looking for more information about your tax notice or other challenges? DiMercurio Advisors has a dedicated team supporting tax notices, audits and more. We are passionate about ensuring you are well-informed and in control of your tax situation.