Form 668-A(c) (DO) (Rev. Sept. 1997)

Department of the Treasury — Internal Revenue Service
Notice of Levy

DATE:

DISTRICT:

TELEPHONE NUMBER OF IRS OFFICE:

REPLY TO:

NAME AND ADDRESS OF TAXPAYER:

TO:

IDENTIFYING NUMBER(S):

THIS ISN'T A BILL FOR TAXES YOU OWE. THIS IS A NOTICE OF LEVY WE ARE USING TO COLLECT MONEY OWED BY THE TAXPAYER NAMED ABOVE.

Kind of Tax

Tax Period Ended

Unpaid Balance of Assessment

Statutory Additions

Total

THIS LEVY WON'T ATTACH FUNDS IN IRAs, SELF-EMPLOYED INDIVIDUALS' RETIREMENT

IT IS SIGNED IN THE BLOCK TO THE RIGHT.

Amount

Due

Total

We figured the interest and late payment penalty to

The internal Revenue Code provides that there is a lien for the amount that is owed. Although we have given the notice and demand required by the Code, the amount owed hasn't been paid. This levy requires you to turn over to us this person's property and rights to property (such as money, credits, and bank deposits) that you have or which you are already

obligated to pay this person. However, don't send us more than the "Total Amount Due."

Money in banks, credit unions, savings and loans, and similar institutions described in section 408(n) of the Internal Revenue Code must be held for 21 calendar days from the day you receive this levy before you send us the money. Include any interest the person earns during the 21 days. Turn over any other money, property, credits, etc. that you have or are already obligated to pay the taxpayer, when you would have paid it if this person asked for

payment.

Make a reasonable effort to identify all property and rights to property belonging to this person. At a minimum, search your records using the taxpayer's name, address, and identifying numbers(s) shown on this form. Don't offset money this person owes you without contacting us at the telephone number shown above for instructions. You may not subtract a processing fee from the amount you send us.

To respond to this levy:

1. Make your check or money order payable to Internal Revenue Service.

2. Write the taxpayer's name, identifying number(s), kind of tax and tax period shown on this form, and "LEVY PROCEEDS"

on your check or money order (not on a detachable stub.).

3. Complete the back of Part 3 of this form and mail it to us with your payment in the enclosed envelope.

4. Keep Part 1 of this form for your records and give the taxpayer Part 2 within 2 days.

If you don't owe any money to the taxpayer, please complete the back of Part 3, and mail that part back to us in the enclosed envelope.

Signature of Service Representative

Title

Part 1 - FOR ADDRESSEE

FORM 668-A(c) (DO) (Rev. 9-97) 15704T

PLANS OR ANY OTHER RETIREMENT PLANS IN YOUR POSSESSION OR CONTROL, UNLESS

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Excerpts from the Internal Revenue Code
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SEC. 6331. LEVY AND DISTRAINT.

SEC. 6343. AUTHORITY TO RELEASE LEVY AND RETURN PROPERTY. (a) Release of Levy and Notice of Release.---

(b)

Sale of Property.--The

'levy"

title

includes

distraint f

by

Except as otherwise

•	

provided

(e), a levy shall

only to property possessed

(1) In general.—Under regulations prescribed by the Secretary,

obligations

the

thereof

which the Secretary may

the Secretary shall release the levy upon all, or part of, the property or rights

levy upon property or rights to property,

sell

property

to property levied

and shall promptly notify the person upon whom such (if any) that such levy has been released if—

or rights to property (whether

personal, tangible or intangible)

levy

IIIP

(9)

Whenever any property or right

property

(A) the liability for which such levy was made is satisfied or

upon which levyhas

by

sufficient to

becomes unenforceable by reason of lapse of time,

satisfy the claim

United

which

the

(B) release of such levy will facilitate the collection of such

may, thereafter, and

levy

liability,

manner upon any

property liable

levy

(C) the taxpayer has entered into an agreement under sec‑
of installment payments, unless

•	

such claim exists,

all expenses, is

tion 6159 to satisfy such liability by

fully paid.

such agreement provides otherwise.

(D) the Secretary has determined that such levy is creating

an

due to the financial condition of the taxpayer, or

SEC. 6332. SURRENDER OF PROPERTY SUBJECT TO LEVY,

the fair market

of the property exceeds such liabil‑

(a)Re q9 uuiirreemmeenntt..----EExxccee Pp tt as otherwise pP rovided in subsecti oonnss (bIand

ity

hindering

a part of such property could be made without

liability.

collec

(c), any

of(or oblioated

property or

rights to property subject to levy upon wh

h

hall, upon

Foi
such leVy if such release would jeopardize the secured creditor status of the Secretary

of subparagraph (C), the Secretary is not required to release

demand of the Secretary, sur obligation) to the Secretary, e

such

rty or

(o

arge

t

of such demand, subj- ectto an

such p

-merit or execution under

the

:y c

s as

judicial

(2) Expedited determination on certain business property.—In the

case

tangible personal property essential in carrying on the trade or

(b) Special Rule for Life Insurance and Endowment

business of the

yer, the Secretary shall provide for an expedited deter‑
property would

mination

aph (1) if levy on such tangible

ft

(1) In general.—A levy on an organi'zation

alife

prevent the taxpayer from carrying on such trade

insurance or endowment contract issued by

shall,

necessity

of the contract document, constitute a demand by

(3) Subseouent levy.—The release of levy on any property under paragraph (1) shall not prevent any subsequent levy on such property.

the Secretary for payment of the amount described in paragraph (2) andthe

exercise of the right

person against

the

the

t

advance

Such organization shall

90

(b) Return of Property.--If the Secretary determines that property has

daysaft

VICE'?

of levy,Such

shall include a

by

been wrongfully levied upon, it shall he lawful for the Secretary to erturn—

the Secr

hat a copy of such notice

mailed to th

on against

(1)	The p	property levied upon
(2)	an amount of money equal to the amount of money levied

secific

whom th

s assessed at his last I

address.

upon, or

e

(2)Satisfaction of levyy

levy shall be deemed to be satisfied

(3) an amount of money equal to the amount of money received

if such organization

by the United Sta	from a sale of such properly.
be returned at any time. An amount equal to the amount of

tes

against whom the

had advanced

organization on the

such levy, increased by interest thereon)

paragrap

a

ontractual

money levied upon or received from such sale may be returned at any time

Property

irk

such person

site

before the
paragraph (3), if property is declared purchased by the United States at a sale pursuant

of 9 months from the date of such levy. For purposes of

had actual notice or knowledge (within

3

(i)(1 ))

the existence of the

respect to which such I

tion 6335(e) (relating to manner and conditions of sale), i States shall be treated as having received an amount of money ne

advance (including

automatically

the

tarn such contract in

uncle

en

before

eqc

price determined pursuant to such section or (if larger)

. e‑

nization had such notice or kno

the amount received by the United States from the resale of such property.

(3) Enforcement proceedings.--The satisfaction of a levy under

(c) Return of Property in Certain Casesa-lf--

paragraph (2) shall be without of any lien imposed by this title

:te to any civil action for the enforcement spect to such contract.

(1) any property has been levied upon, and

(2) the Secretary determines that--

lr

(c) Special Rule for Banks.---Any bank (defined in section 408(n)) shall surrender (subject to an attachment or execution under judicial process) any

 the levy on such property was premature or otherwise not

in accordance withh administrative procedures of the Secretary,

deposits (including interest thereon) in such bank only after 21 days after service of levy.

(B) the taxpayer has entered into an agreement under section

6159 to satisfy the tax Viability for which the levy was imposed by means of install-

(d) Enforcement of Levy.

ment payments,

provides ootthheerwsie,

(C)

of such property will facilitate the collection of

(1) Extent

liability:—Any

fails

the tax liability, or

surrender any property

rights

property, subject

demand by

(0) with the consent of the taxpayer or the Taxpayer Advocate,

the Secretary, shall

liable

United

the return of such property would be in the best interests of the taxpayer (as

e

in a sum equal to

not exceeding the

property or rights

collection

which

levy

determined by the Taxpayer Advocate) and the United States,

been made, together

the underpayment

the provisions of subsection (b) shall apply in the same manner as if such property had been wrongly levied upon, except that no interest shall be allowed.

rate established

6621

date

levy

the

ofa levy described

6331 (d)(3),

the date

would

it

otherwise

obligated to pay

taxpayer). Any

amount (other than costs) recovered under this paragraph shall be credited against the tax liability for the collection of which such levy was made.

t

to property fails or refuses to surrender such property or rights to property

(2) Penalty for violation.—In addition to the personal liability im‑
property or rights
posed by paragraph (1), if any person required

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without reasonable cause, such person shall be liable to a penalty equal to 50

I'	I

percent of the amount recove shall be credited against the was made.

agraph (1)

penalty

Applicable Sections of Internal

Code

collection of which

levy

e

6321.	LIEN FOR TAXES.

6322.	PERIOD OF LIEN

(e) Effect of honoring levy.—Any person in possession of (or obligated

6325.	RELEASE OF LIEN OR DISCHARGE OF PROPERTY.

with respect to) property or rights to property subject to levy upon which a levy

6331.LEVY AND DISTRAINT

has been made who, upon

Secretary,

property

	6332.	SURRENDER OF PROPERTY SUBJECT TO LEVY.
	6333.	PRODUC1 ION Ot- BOOKS

or rights to property (or discharges

obligation)

Secretary (or

pays a liability under subsection (d)(1) shall he discharged or liability to the delinquent taxpayer
such property or rights to property

obligation

6334.	PROPERTY EXEMPT FROM LEVY

with

6343.	AUTHORITY TO RELEASE LEVY AND RETURN PROPERTY.

1

su

payment.

7426.	CIVIL ACTIONS BY PERSONS OTHER THAN TAXPAYERS

7429

REVIEW OF JEOPARDY LEVY OR ASSESSMENT PROCE‑

DURES.

information

please call

phone

on the

If a levy has

property, or right

front of this form.

to property, any

having custody

containing evidence

relating

property or right to property

subject to levy, shall,

demand of the Secretary, exhibit

books

records to the Secretary.

A

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FORM 668-A(c) (DO) (Rev. 9-97)

15704T 1'