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IRS Currently Not Collectible Status

IRS currently not collectible status is a temporary status that may be granted to taxpayers who are unable to pay their tax debts due to financial hardship. While in currently not collectible status, the IRS will not take enforcement action to collect the tax debt, but the debt remains outstanding and may accrue additional interest and penalties. Continue Reading Below  

About IRS Currently Not Collectible Status

IRS currently not collectible status is a temporary status that may be granted to taxpayers who are unable to pay their tax debts due to financial hardship. While in currently not collectible status, the IRS will not take enforcement action to collect the tax debt, but the debt remains outstanding and may accrue additional interest and penalties.