TranscriptCodes

IRS Notice CP71: Annual reminder of balance due

Quick answerA yearly reminder, required by law, of the tax, penalties and interest you still owe.
Letter / noticeCP71
MeaningAnnual reminder of balance due
Action needed?Yes — see steps

What happens next

Sent each year until the balance is paid or the collection period ends.
Advertisement

What you should do

  1. Pay what you can
  2. Set up or keep up a payment plan
  3. Interest and penalties continue to grow
Scam check: the IRS first contacts you by mail. Use only the phone numbers printed on your letter or on IRS.gov — never ones from a text, email or unofficial site.

Frequently asked questions

What does IRS Notice CP71 mean?

A yearly reminder, required by law, of the tax, penalties and interest you still owe.

What should I do?

Pay what you can Set up or keep up a payment plan Interest and penalties continue to grow

How long does it take?

Sent each year until the balance is paid or the collection period ends.

Sources

Written by the editorial team and checked against the official sources above. See our editorial policy.

By the TranscriptCodes Editorial Team · Last reviewed 2026-11-12.