IRS notices LT11 and Letter 1058: what they mean and what to do

By Chad Mangum, Enrolled Agent · Reviewed November 3, 2026

LT11 and Letter 1058 are final levy notices for overdue taxes. The IRS is warning that it can take wages or bank funds, so this letter needs attention now.

What the letter says

Both letters put you at the same serious point in collection. The IRS says earlier attempts to get payment have not resolved the balance. Read your copy from front to back, including the enclosures.

On the IRS's LT11 sample, find "Notice date" near the top. The "Billing Summary" box shows the balance with added charges. The main text gives a date on or after which the IRS may take property. If you have Letter 1058, use the dates and instructions on that letter.

Compare the listed debt with your records. If you already paid or the IRS missed a payment, its instructions say to send proof to the address at the top of the notice. A bank record is more useful than a memory of mailing a check.

How long you have

These notices generally give a 30-day response period measured from the notice date. Read the specific deadline on yours. Opening it late does not start a new 30 days.

An unpaid bill usually leads to collection notices. This final levy notice comes later in that process. Once its notice period has run, the IRS can move to a levy. Wages and bank accounts are among the property it can reach. Do not plan around receiving another reminder first.

That does not mean every account gets levied on the same day. It means you have reached a stage where waiting for the next letter is a poor plan.

The IRS may also file a Notice of Federal Tax Lien. Call the number on your notice now if you cannot pay. A call gives you a place to start; it does not, by itself, resolve the balance or move the written deadline.

What you can do

If the balance is correct and you can pay it in full, pay it. Check your current balance in your IRS Online Account, since interest and applicable penalties continue until full payment.

If you cannot, KBA looks at four outcomes. The same financial rules matter here as they do with an earlier bill.

• A payment plan lets you pay monthly. The IRS's LT11 guidance says you need to be current on required tax filings to request one.
• A reduced plan may be a partial payment installment agreement when you have some ability to pay but cannot cover the debt within the remaining collection period.
• Hardship status temporarily delays collection if paying would prevent you from meeting basic living expenses. It leaves the debt in place, with interest and applicable penalties continuing.
• A settlement through an offer in compromise depends on what the IRS can collect from your finances. It is subject to approval.

Write down your take-home pay and necessary monthly expenses. Gather records for what you own. The answer needs to hold up on paper.

When help is worth paying for

You may be able to handle an agreed balance yourself by paying or arranging an eligible plan at irs.gov/payments. Hiring someone is not a requirement for using those tools.

Paid help makes more sense when the deadline is close and you cannot pay, or when the debt itself is wrong. This is a sensible point to have someone read the whole IRS file.

Bring this notice to a free 15-minute call; we reply within one business day. Then a $395 IRS transcript review, pulled with your signed permission, with an answer in writing. Then one flat fee for the work, agreed before it starts.

Other IRS letters: CP14, CP504 and CP2000.