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 Illinois Application for Certificate of Discharge of IRS Lien is a legal document used to request the removal of a federal tax lien imposed by the Internal Revenue Service (IRS) on a property or assets owned by an individual or business in the state of Illinois. This application is crucial for individuals or businesses seeking to release or discharge the IRS lien to regain control over their property or assets. The Illinois Application for Certificate of Discharge of IRS Lien serves as a formal request to the IRS, outlining the reasons why the lien should be discharged and providing supporting documentation to support the request. It is important to understand that the application process can vary depending on the circumstances of each case. There are two main types of Illinois Application for Certificate of Discharge of IRS Lien: 1. Individual Application: This type is used when an individual taxpayer wishes to remove the federal tax lien from their personal property or assets. It requires the taxpayer to provide personal details, including their name, address, social security number, and relevant tax information. Additionally, supporting evidence such as proof of payment or proof of a payment plan may be required to demonstrate the taxpayer's ability to satisfy their tax obligations. 2. Business Application: This type of application is applicable when a business entity seeks to discharge the IRS lien on its property or assets. In addition to the general information provided in the individual application, the business application may require additional documentation such as the employer identification number (EIN), proof of business ownership, and financial statements to prove the financial viability of the business. Keywords: Illinois, application, certificate of discharge, IRS lien, federal tax lien, Internal Revenue Service, legal document, property, assets, individual, business, request, release, regain control, supporting documentation, circumstances, individual application, personal property, tax information, proof of payment, payment plan, business application, business entity, employer identification number, financial statements, financial viability.
