Certificate Of Discharge Form With Annexes A-1 And A-2 In Bronx

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

Description

The Certificate of Discharge Form, accompanied by Annexes A-1 and A-2, is utilized in the Bronx for taxpayers seeking to remove a Federal tax lien from a specific property under section 6325 of the Internal Revenue Code. This form requires detailed information including the person applying's name and address, a description of the property, and how the taxpayer will divest rights to the property. It also necessitates documentation of any existing liens and encumbrances, an itemization of costs associated with the property, and valid appraisals for value estimation. The form may be crucial for attorneys, partners, owners, associates, paralegals, and legal assistants dealing with tax issues, real estate transfers, or client representation in tax lien matters. Clear instructions guide users in filling out the form accurately, indicating that no application fee is needed for certain types of discharge requests, while others may require payment determined by the District Director. Additionally, this process may involve various outcomes based on the value of the property in relation to existing liens, ensuring legal professionals can navigate these requirements effectively.