Do You Have An Old Tax Lien? How To Get It Off Your Credit Report

If you failed to pay taxes on your property or something else, then the government submits a tax lien to cover the taxes that you owe. This tax lien also shows up on your credit report, and it can easily damage your credit. To help, you may be able to get an old tax lien taken off your credit report. Below is more information about this so you can get started.

Must Qualify

Before you can get your old tax lien taken off your credit report, you have to qualify to do so. First, you must pay the taxes that you owe before the lien can be removed. You also have to be compliant with filing your tax returns for a few years. The IRS also has other qualifications you will have to follow. You can find this information through a tax attorney or through the IRS website.

If you do not meet all the requirements, contact a tax attorney to help you. In some cases, the attorney has ways they can get the tax lien removed.

Put in an Application

If you think you do qualify to have your tax lien removed, there is an IRS form that you have to fill out. This form is not difficult and is only one page long. Print the form out and fill it out. When finished, mail it to the IRS. There will be instructions on the form on the steps you have to take to mail it.

If your application is approved, the IRS will notify you. The IRS may ask you to fill out additional paperwork. If so, they will tell you what you need to do. Once you receive the final document that states the tax lien was removed, make sure you get a copy of this document for yourself.

Notify Credit Agencies

Once the tax lien is removed, you need to let the credit agencies know. If you prefer, the IRS can notify them for you. You can notify them on your own also. The credit agencies will then remove the tax lien from your credit report. Once removed, no creditors will ever know it was there in the first place.

You can do this step on your own and will not have to hire a professional to help you. If you do need help, however, talk with someone at the IRS, and they can answer any questions you may have. You can also contact a tax attorney or other type of tax professional.

Get copies of your credit reports when this is all finished so you can ensure the tax lien is not on any of them.

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