What Is IRS Letter 1058 (Final Notice of Intent to Levy)?

IRS Notices Explained
Written by Enrolled Agent
Reviewed by Enrolled Agent

Letter 1058 is a Final Notice of Intent to Levy & Notice of Your Right to a Hearing. It warns the IRS can levy wages, bank accounts, and other assets unless you resolve your balance or request a timely hearing. Here’s what it means and how to act.

Quick Answer

Letter 1058 notifies you the IRS intends to levy and that you have a limited window to respond or request a Collection Due Process (CDP) hearing. A timely request can pause levy while alternatives are reviewed.

Important: This is a final levy notice—treat the deadline on your letter as urgent. Acting within the window preserves your strongest rights and prevents avoidable disruption.

Why You Received Letter 1058

  • Earlier balance-due notices (e.g., CP14, CP501, CP503, CP504) weren’t resolved.
  • You do not have an approved resolution in place (payment plan, hardship status, or settlement).
  • Your case advanced to the levy stage and the IRS must inform you of collection rights.

Letter 1058 is functionally similar to LT11 and CP297—all are final levy notices with appeal rights.

What Letter 1058 Means

The IRS can levy (seize) certain assets if you don’t respond or arrange a resolution. The notice lists your balance, explains penalties and interest, and provides payment and contact instructions. A federal tax lien may also be filed or already in place.

A levy is a seizure; a lien is a public claim. Letter 1058 warns of levy and outlines your options to prevent it.

Your Rights & Timeline (CDP/Equivalent Hearing)

You may request a CDP hearing by the deadline printed on your letter. A timely request generally pauses levy while the IRS Independent Office of Appeals reviews your case and considers alternatives (payment plan, Currently Not Collectible, Offer in Compromise, penalty relief).

If you miss the deadline, you can usually request an Equivalent Hearing. It offers review but not the same court rights, and collection may continue. Keep the envelope and letter; dates matter.

What to Do Next

Choose the path that fits your situation—before the deadline:

  • Pay in full to immediately stop enforcement.
  • Request an Installment Agreement (direct debit preferred) to pay over time and halt levy once approved.
  • Request Currently Not Collectible (CNC) if payment would cause hardship.
  • Offer in Compromise if you qualify based on ability to pay.
  • File a CDP hearing request on time to pause levy and propose alternatives.
  • File any missing returns—compliance is required for most resolutions.
Need the full roadmap? Visit our
IRS Notice Help Center
and the
Complete Guide to Back Taxes in the U.S.
to see how Letter 1058 fits into collections and which resolution fits your case.

If You Ignore Letter 1058

The IRS can levy wages, bank accounts, and other assets, and maintain or file a federal tax lien. Interest and penalties continue until the debt is resolved or placed into an approved status. It is harder—and more expensive—to unwind levies after they start.

Early action keeps more doors open and protects cash flow. Waiting narrows choices and increases total cost.

How Polaris Can Help

Polaris Tax & Accounting represents taxpayers nationwide at the levy stage. Our Enrolled Agents pull IRS transcripts, confirm balances, file timely appeals, and design the right resolution—payment plan, hardship hold, settlement consideration, or penalty relief—while handling the IRS conversations for you.

The objective is simple: protect your income and assets and resolve the debt legally and efficiently.

Your Next Step: If you received Letter 1058, act now to preserve rights and prevent levy.
Schedule a consultation.

Related Resources

FAQs

Is Letter 1058 the same as LT11?

They are functionally similar final levy notices with appeal rights. The formatting differs, but the urgency and options are comparable.

Will a timely CDP request stop levy?

Generally, yes—levy is paused while Appeals reviews your case. Missing the deadline limits protections to an Equivalent Hearing.

Can I still get a payment plan after Letter 1058?

Yes. Many taxpayers secure Installment Agreements, CNC status, or settlement consideration—provided action is taken before levy begins.

© Polaris Tax & Accounting. Nationwide Enrolled Agent representation. Educational content only; not a substitute for personalized advice.