The LT22 is a balance due notice that emphasizes payment options. Unlike the more threatening collection notices, the LT22 presents the IRS's menu of resolution paths. It shows your current balance and outlines how you can pay in full, set up an installment agreement, or explore other options.
Payment Options Presented
The LT22 typically describes full payment by check, money order, or electronic payment, short-term payment extension (up to 180 days) if you can pay in full with a little more time, installment agreement for monthly payments over time, and information about online payment agreements for balances under $50,000.
What the LT22 doesn't usually mention (but you should know about) are offers in compromise and currently not collectible status. These options exist but the IRS doesn't advertise them in routine balance due notices.
Where This Fits in the Collection Timeline
The LT22 is an intermediate collection notice. It's past the initial balance due stage but before the final levy notice. Consider it a firm reminder with a helpful tone. The IRS is still offering you the full range of resolution options. After the final levy notice, your options narrow and the cost of resolution increases.
Take Action
The LT22 is an invitation to resolve your balance on your terms. Pick the option that fits your financial situation. If you can pay in full, pay it. If you need monthly payments, set up an installment agreement online. If you can't afford to pay anything, explore CNC status or an offer in compromise with professional help.
If you've received an LT22 and want help choosing the right option, call us at (813) 229-7100.