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Currently Not Collectible

Currently Not Collectible status protects a taxpayer from the enforced collection efforts of the IRS, by removing the taxpayer’s back tax account from active collection status. The IRS has requirements that an account must meet before it can be placed in a Currently Not Collectible status. Once the account is placed in a Currently Not Collectible status, the IRS does not pursue collection activity against the taxpayer and the statute of limitations on the tax liabilities will continue to run. Unless the taxpayer’s financial situation changes, the account will remain in a Currently Not Collectible status until the tax liabilities expire.