Certificate Of Discharge Form With Withholding (form It-2104-e) In Allegheny

• Category: Federal - IRS - Tax Liens
• State: Multi-State
• County: Allegheny
• Control #: US-00110
• Format: Word; Rich Text

Description

The Certificate of Discharge Form With Withholding is a critical document used in Allegheny to request the removal of a federal tax lien on a taxpayer's property under section 6325 of the Internal Revenue Code. This form requires detailed information about the applicant, the property involved, and any supporting encumbrances or liens. Users must provide a thorough property description, outline how the taxpayer will divest rights to the property, and list existing encumbrances that may take priority over the federal tax lien. Specific instructions guide the user on submitting various types of evidence, such as appraisals and sales documentation, pertinent to establishing the property's fair market value. Attorneys, partners, owners, associates, paralegals, and legal assistants find this form particularly useful, as it facilitates negotiating settlements and managing tax liabilities associated with real estate transactions. Proper completion of this form assists in securing a certificate of discharge, thus alleviating the financial burdens of tax liens. Users must also provide additional personal information, including daytime contact information and declarations affirming the accuracy of the submitted data.