The short answer
An LT11 is the IRS notice of intent to levy and your right to a hearing. You have 30 days from receiving it to ask for a collection due process hearing with Form 12153. If you owe $50,000 or less and filed all returns, you may set up a plan online.
Words to know
- Form 12153
- The form to ask for a collection due process hearing.
- Notice of intent to levy
- An IRS notice that it plans to take your property. CP504 is one. LT11 and Letter 1058 give hearing rights.