IRS Letter 3503C
Why are you receiving this letter?
You received IRS letter 3503C because you contacted the IRS to abate tax penalties.
- No further action is required. The IRS will remove the penalties per the notice you received.
- You would like to discuss this with someone not working for the IRS to understand what is going on and the options you have.
- The IRS rejected your request.
- You want to appeal the rejection of your request and like a tax professional to deal with the IRS.
- You would like to discuss this with someone not working for the IRS to understand what is going on and the options you have.
What you should do?
Read notice 3503C carefully. The letter will explain what tax form and tax periods the request applies to. In our Notice example, the request was made on Form 1040 for tax year 2010.
The Letter will explain whether your request was accepted or denied. It will also explain why it was denied. Read more about reasons for abating penalties. You may be able to appeal this decision. The letter should explain the timeframe you have to file an appeal.
What can you expect next?
If your request was accepted, you will receive a notice showing the changes to account for this tax period.
If your request was denied, the IRS will continue collection activity on that period. If an appeal is filed, the IRS will take 90 to 120 days to review your appeal.