Free Tax Debt Settlement Letter Template
Tax Debt Settlement Letter
February 23, 2051
Internal Revenue Service
Harvey, LA 504
Dear Tax Department,
I hope this letter finds you well. I am writing to formally propose a settlement regarding my outstanding tax debt for the tax years 2050 and 2051. My tax identification number is 123-45-6789.
Due to a job loss and unexpected medical expenses, I am currently facing significant financial difficulties that make it challenging for me to pay the full amount owed, which totals $15,000.
I have outlined my financial situation below:
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Monthly Income: $2,000
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Monthly Expenses: $2,500
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Assets: $5,000 (cash in savings)
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Liabilities: $20,000 (credit card debt and loans)
Given my current financial status, I kindly request that you consider a settlement of $5,000 to resolve this matter. I believe this amount reflects my ability to pay while allowing me to maintain essential living expenses.
I appreciate your understanding and consideration of my situation. I am hopeful we can reach a mutually beneficial resolution. Please let me know if you require any additional documentation to support my request.
Thank you for your attention to this matter. I look forward to your prompt response.
Sincerely,
[Your Name]
[Your Email]
