Glossary

Letter 668D (Release of Levy)

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IRS Letter 668D is sent to notify taxpayers that the IRS has released a levy that was placed on their property or assets due to unpaid taxes. This letter is typically sent after the taxpayer has either paid the tax debt in full, entered into an Installment Agreement, or resolved the debt through other means, such as an Offer in Compromise.

Key points about Letter 668D:

The letter confirms that the taxpayer no longer needs to comply with the levy’s terms.
It provides instructions on how to ensure that future tax payments and filings are made on time to avoid further levies.
The taxpayer is encouraged to maintain compliance with all IRS requirements moving forward.

Receiving Letter 668D is a positive step, as it indicates that the taxpayer’s levy has been lifted and the tax debt is considered resolved or in good standing.

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