Unit 5 Flashcards

(4 cards)

1
Q

How many years to pay all in installment agreement

A

3 years

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2
Q

Collection process first & second step

A

Assessment
Filing of a notice of levy

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3
Q

You can not do installment if in last 5 years

A

Failed to file
Failed to pay
Entered into a different agreement

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4
Q

Irs has ___ years from ____________ to collect amount of tax assessed

A

10 years
Date of assessment

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