Publication 783 Form 14135 Instructions In Collin

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

Description

The Publication 783 form 14135 is used to apply for a Certificate of Discharge of Property from a Federal Tax Lien, specifically under section 6325 of the Internal Revenue Code. This form requires applicants to provide detailed information about the taxpayer, property description, and any existing encumbrances. Key features of the form include the necessity to attach notices of federal tax liens, itemize costs associated with property transfer, and furnish appraisals to establish property value. The form also requires signatories to declare the truth of the information provided under penalties of perjury. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a fundamental tool in lien management, permitting the release or discharge of a property affected by a tax lien, which is critical for real estate transactions or asset transfers. The instructions emphasize clarity and completeness to facilitate the approval process by the District Director. Users are guided to articulate relationships to the taxpayer and list all proposed or actual costs related to the property, enhancing the comprehensiveness of the application.