IRS Letter 2039
Why are you receiving this letter?
You received IRS letter 2039 because the IRS has requested documentation/information and for whatever reason, has not received it. The Summons is the last and most formal request for documentation/information.
- Your tax balance is less than $25,000.
- You don’t have unfiled tax returns.
- You are unable to pay back the taxes in full.
- You would like to discuss this with someone not working for the IRS to understand what is going on and the options you have.
- Your tax balance is greater than $25,000.
- You have unfiled tax returns.
- You are unable to pay back the taxes in full.
- You would like to negotiate down the tax balances.
What you should do?
Read your Summons carefully. You may receive a copy of a Summons, but it may not necessarily be for you to execute. For example, the IRS has the authority to issue a Summons to your bank. The bank will be obligated to comply with the Summons.
In our Summary of Contact example, the Summary is addressed to a financial institution to provide documentation on the taxpayer’s account.
We highly recommend you hire a tax professional. A tax professional experienced in tax resolution better understands your rights as a taxpayer and is better at negotiating with IRS Revenue Officers. The tax professional will appropriately address the Summons and work directly with the IRS on your behalf.
What can you expect next?
The IRS will demand the information being requested. Failure to comply with the Summons will result in the IRS taking legal action against you.
Summons sent to 3rd parties will be responded to in 30 days. For example, a Summons was sent to your bank. The bank will provide the IRS with all information available for the period in question. This may include bank statements, copies of deposit slips, bank signature cards, and loan applications.
IRS letter 2039 is considered a tax bill. The IRS asks that you pay the balance due in full. You do have options.