Definition
Transaction Code 668. Indicates a levy has been issued. This is the highest-priority flag — an active levy must be addressed before any resolution program can be established.
What it means for your account
Stop the levy before selling a long-cycle program. CTA, currently-not-collectible hardship, or an IA that the IRS will honor are the near-term moves.
Related codes
Where Brevitax uses it
Brevitax reads these postings from account transcripts and surfaces them as plain-language timeline events and attention items — not as a raw code list. Upload transcripts or have Brevitax request them, then see TC-668 in context on your dashboard.
Common questions
What does TC-668 mean on an IRS transcript?
Transaction Code 668. Indicates a levy has been issued. This is the highest-priority flag — an active levy must be addressed before any resolution program can be established.
Why does TC-668 matter for tax resolution?
Stop the levy before selling a long-cycle program. CTA, currently-not-collectible hardship, or an IA that the IRS will honor are the near-term moves.
Where do I find TC-668 on my account transcript?
Look for transaction code 668 in the posting sequence for the tax year. Transaction Code 668. Indicates a levy has been issued. This is the highest-priority flag — an active levy must be addressed before any resolution program can be established.