Example:
Internal Revenue Manual Part 5. Collecting Process · 2026-10-03 edition · updated 2026-10-04 · United States
4
Situation
Action
John Trout has a separate account with the applicable tax year name line (TC 150 posted) and a penalty is to be assessed against John.
No special action is required, the penalty may be assessed and a CVPN will be generated by Master File.
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