This form is an Application for Certificate of Discharge of IRS Lien. Use to obtain certificate of release when lien has been removed or satisfied. Check for compliance with your specific circumstances.
The District of Columbia Application for Certificate of Discharge of IRS Lien is a legal document used in the District of Columbia to request the removal or discharge of an IRS lien placed on a property or asset. This application is filed with the Office of Tax and Revenue in the District of Columbia. When an individual or business has an outstanding tax debt, the Internal Revenue Service (IRS) may place a lien on their property or assets as a means to secure the debt and ensure payment. However, in certain circumstances, it may be necessary to have the lien discharged, especially if it is causing financial hardships or hindering property transfers. There are different types of District of Columbia Applications for Certificate of Discharge of IRS Lien, which include: 1. District of Columbia Application for Certificate of Discharge of IRS Lien — Real Property: This type of application is used when the lien is placed on real estate or immovable property in the District of Columbia, such as a house, land, or commercial building. 2. District of Columbia Application for Certificate of Discharge of IRS Lien — Personal Property: This application is specifically used when the lien is placed on personal property, such as vehicles, boats, aircraft, or other movable assets. 3. District of Columbia Application for Certificate of Discharge of IRS Lien — Combined Real and Personal Property: In situations where the taxpayer has both real and personal property subject to an IRS lien, this application is used to seek discharge for both types of assets. To complete the District of Columbia Application for Certificate of Discharge of IRS Lien, the applicant must provide detailed information about themselves, the property or assets subject to the lien, as well as the reasons for requesting the discharge. Supporting documentation may also be required, including proof of financial hardship, evidence of alternative means of securing the debt, or any other relevant information. It is important to note that the successful discharge of an IRS lien through this application does not absolve the taxpayer of their tax debt. It simply releases the property or assets from the lien, allowing for potential sale or transfer. Taxpayers are still required to fulfill their tax obligations and make arrangements for payment with the IRS. In summary, the District of Columbia Application for Certificate of Discharge of IRS Lien is a vital document that allows taxpayers to seek the removal of an IRS lien on their property or assets. By submitting this application, individuals and businesses can alleviate financial burdens and regain control over their properties, paving the way for potential sales or transfers.
