To Eliminate

Dealing with an IRS tax lien adds a lot of stress into a property owner’s life. The lien makes it tough to sell the property and results in a negative report on your credit history. When you fail to pay income taxes after receiving a notice of IRS intent to find a 24, an IRS lien is hunted. An IRS lien can stay in place for up to 10 decades, and the IRS can refile a lien .

How to Eliminate an IRS Lien

Contact the IRS Centralized Lien Unit by phone (see Resources) to request a letter showing the updated lien payoff amount. Here is the amount you must pay to release the lien. The sum owed comprises the taxes, penalties, interest and fees paid to record the lien. The payoff amount increases over time.

Wait to get a letter from the IRS.

Payment for the amount. It is possible to pay by money order, certified check, cashier’s check or credit card.

Await release of the lien. The IRS must send a Certificate of Release of Federal Tax Lien after the lien is paid. If you do not receive the certificate of discharge, call the IRS and ask for a copy.

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