Certificate Of Discharge Form Withheld In King

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

Description

The Certificate of Discharge Form Withheld in King is a crucial document used to request the release 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 taxpayer, the property in question, and any existing encumbrances. Users must provide a thorough description of the property, including its location, the nature of the lien, and relevant tax information. Additional sections require disclosures about any other encumbrances, costs related to the sale or transfer of the property, and appraisals to establish fair market value. The District Director has the authority to approve the discharge under specific conditions outlined in sections 6325(b)(1), 6325(b)(2)(A), 6325(b)(2)(B), and 6325(b)(3). This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who handle cases involving tax liens and property sales. Key filling and editing instructions include ensuring that all requested information is complete and accurate, as inaccuracies can delay the review process. Legal professionals should guide clients through the necessary disclosures and the implications of each section, ensuring compliance with legal requirements throughout the application process.