How urgentVery high
Intent to levy, with hearing rights.
The short answer
A CP297 says the IRS plans to levy certain assets for unpaid tax. You have the right to a Collection Due Process hearing, asked for with Form 12153. Pay, set up a plan, or let a tax pro speak for you with Form 2848.
Key facts
- It is a notice of intent to levy certain assets.
- You have the right to a Collection Due Process hearing.
- Ask for the hearing with Form 12153.
- Form 2848 lets someone like an accountant talk to the IRS for you.
What to do next
- Read the notice for the deadline, or call the number on it.
- Pay, or ask for a payment plan.
- Ask about an offer in compromise only if paying is truly out of reach.
Check your balance in your own IRS online account, and use the phone number on the notice or on irs.gov.
Results depend on your situation. Not every case qualifies.
Common questions
What is a CP297 notice?
A CP297 says the IRS plans to levy certain assets for unpaid tax. You have the right to a Collection Due Process hearing, asked for with Form 12153. Pay, set up a plan, or let a tax pro speak for you with Form 2848.
How urgent is a CP297?
Very high. Collection action can come next, so act on it now. The date on your notice is the one that counts.