< iframe width="480" elevation="320" src="https://www.youtube.com/embed/L9FtaseY_RU?rel=0" frameborder="0" allowfullscreen >< img style="float: left; margin:0 5px 5px 0;" src="http://taxdr.org/wp-content/uploads/2021/04/KiPs05.jpg"/ > Source: https://www.podbean.com/media/share/pb-8c8rc-986f7d When a taxpayer owes cash to the Internal Revenue Service, there are collection alternatives readily available. In this two-part collection, I will certainly discuss the collection option called Currently Not Collectible. When a taxpayer experiences a financial hardship, that person might qualify to have the account put on hold until the financial debt expires. Partially 2, I discuss the 2nd web page of the collection info declaration brief kind, Form 433-F, and the pros and cons of Currently Not Collectible condition.