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

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

Description

The Certificate of Discharge Form with Withholding (form IT-2104-E) in Maryland is designed for individuals seeking to discharge a federal tax lien on a property, allowing for the release of rights held by the government. This form requires detailed information about the taxpayer, the property in question, and any encumbrances on it, as well as proof of how the taxpayer no longer holds rights to the property. Key features of the form include the requirement to describe the property using its legal title details and address, submit evidence of the taxpayer's divestiture from the property, and provide financial information on encumbrances and valuations to establish the property's worth. Additionally, users must attach relevant notices of federal tax liens and may need to provide appraisals if applicable. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form in scenarios such as facilitating property sales, resolving tax liens to clear titles for new buyers, or navigating foreclosure processes. The form's clear structure and specific instructions help streamline the application process for professionals, ensuring compliance with IRS regulations.