Contact Us

What is IRS Letter 6368 or 6368SP?

IRS Letter 6368 (and its Spanish version, 6368SP) is related to the Trust Fund Recovery Penalty (TFRP), typically issued when payroll taxes were not properly deposited. If you're a responsible party-like a business owner, officer, or bookkeeper, you can be held personally liable.

What is IRS Letter 6368 or 6368SP?

Two IRS envelopes labeled “IRS Letter 6368” and “IRS Letter 6368SP – Important: IRS Notice Enclosed,” representing taxpayer notices about crypto tax reporting issues.

IRS Letter 6368 (and its Spanish version, 6368SP) is related to the Trust Fund Recovery Penalty (TFRP), typically issued when payroll taxes were not properly deposited. If you're a responsible party-like a business owner, officer, or bookkeeper, you can be held personally liable.

What Triggers a Trust Fund Recovery Penalty (TFRP) in Crypto Payrolls?

If you manage crypto business payrolls, misclassifying contractors, missing deposits, or using funds for operations could lead to TFRP enforcement.

What to do next:

Minimalist flat vector icon showing a magnifying glass reviewing an IRS folder labeled “Findings,” symbolizing the process of examining IRS determinations and legal responsibility.

1: Review IRS findings and determine if you're legally responsible

Flat vector icon of IRS Form 4180 with a teal pen and shield, representing submitting the interview form or requesting authorized representation before the IRS.

2: Submit Form 4180 (Interview form) or request representation

Minimalist flat vector icon showing two folders exchanging documents across a teal negotiation table, symbolizing challenging or negotiating an IRS penalty with supporting records.

3: Challenge or negotiate the penalty with supporting records

When to Seek Professional Help

CryptoTaxAudit helps crypto business owners and executives fight unjust trust fund penalties and avoid personal liability for business tax errors.

Additional Resources

Voluntary compliance letters