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

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

Description

The Certificate of discharge form with withholding in Philadelphia serves as a formal request to have a federal tax lien released from specific property under Section 6325 of the Internal Revenue Code. The form requires clear identification of the applicant, including contact details and specific property descriptions, along with details regarding any remaining liens or encumbrances on the property. Notably, users must provide evidence of all previous notices of tax lien and detailed information on existing encumbrances, which must include addresses, descriptions, and financial details. Additionally, the form outlines the necessity for appraisals if the property is being sold and a clear statement of market value in situations of public or private sale. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form is crucial when dealing with tax liability issues to ensure compliance with IRS regulations and to facilitate property transactions. Attention must be paid to completion procedures, as the District Director assesses the application, potentially requiring payment for specific certificates based on the assessed value of the interest held by the United States in the property. The form emphasizes a clear declaration under penalties of perjury, ensuring that all submitted information is accurate and verifiable.