Currently Not Collectible Archive
If you're looking to apply for IRS CNC Status then there are some important things you have to do. First, you have to file any and all federal tax returns for the past year that you're required to file, then you have to maintain these forms on a monthly basis.
If you're experiencing a financial challenge, take into consideration CNC condition.
This status is only for taxpayers whose expenses exceed their income.
CURRENTLY NOT COLLECTIBLE A taxpayer can have all collection activity halted if they are under “Currently Not Collectible” status. This status is only for taxpayers whose expenses exceed their income. The IRS will look at national standards in order to determine if the taxpayer could afford their basic living expenses.