Publication 783 Form 14135 Instructions

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

Description

The Publication 783 form 14135 provides detailed instructions for individuals seeking a certificate of discharge from a Federal tax lien under section 6325 of the Internal Revenue Code. This form is particularly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants who may assist clients dealing with tax lien issues. Key features of the form include requirements for detailed descriptions of the property in question, documentation of any encumbrances, and a declaration under penalties of perjury by the applicant. Fillers are instructed to attach copies of relevant notices of Federal tax lien and furnish information that establishes the property's value, including appraisals in cases of private sales. The form emphasizes the importance of providing comprehensive information about the taxpayer, including their relationship to the property and any other parties involved. Specific use cases include scenarios where a property owner is divested of their interest in property subject to a lien, or when proceeds from a property sale need to be held in escrow. The instructions also clarify the circumstances under which no payment is required versus when a fee may be applicable. Overall, the publication serves as a vital resource for legal professionals assisting clients with tax-related matters.