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IRS Notice CP523: Intent to terminate installment agreement

IRS Notice CP523 is a balance due letter from the IRS. The IRS intends to end your installment agreement and levy your assets. Letters like this deal with an unpaid amount on an IRS account. You may also see it called CP623.

What this letter usually means

The IRS intends to end your installment agreement and levy your assets. The amount on the letter is what the IRS shows today. Interest and penalties can change it, so the letter and your IRS Online Account are the places to confirm it.

Category: You owe a balance

What people usually do first

Pay the past-due amount or call the number on your letter right away. If you disagree, the letter explains how to appeal.

What to have ready

What may come next

This letter does not point to a specific follow-up letter. Any later step will be described in mail from the IRS.

Read the IRS page

The IRS letter itself is the final word on what it means for you. Read the IRS page for CP523.

Common questions about CP523

What is IRS notice CP523?

The IRS intends to end your installment agreement and levy your assets. It is also called CP623.

How long do I have to respond to a CP523 notice?

The date to respond or pay by, if there is one, is printed on your letter. Check it, and read the IRS page for CP523 for more.

Is a CP523 notice a scam?

A real CP523 comes by mail and should match your own records. You can also sign in to your IRS Online Account on irs.gov to see your account directly.

What should I have ready for a CP523 notice?

The letter, every page, Your installment agreement paperwork, Records of your recent payments, Bank statements showing the payments.

The OweRight app reads a CP523 letter and pulls out the key details, like the amount and printed date.

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OweRight is not the IRS and does not give tax or legal advice.

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