Personal Taxes

Selling a House With A Tax Lien on it? You’ll need a Lien Discharge.

If you have an IRS tax lien against you, it's highly likely it is also placed against your home or a property that you own. The IRS files liens against people and businesses who owe taxes to protect their interest in case a property sells. Very often the sale of a home can full pay the IRS lien off. Other times only partially and in some "under-water" instances, won't be able to pay the IRS at all. As the buyer of your home will want to get the home "lien-free," you will need to get a "lien discharge" when selling your home.

Initiating a lien discharge with the IRS should get started when you have identified a buyer. Don't move forward until the buyer has been identified. It will take the IRS some 30-60 days to get the lien discharge to you upon submission, but this can vary depending on staffing and back-ups. You will need to initiate the lien discharge in the closest IRS office to you.

Is 2024 the year to solve your tax issue? WATAX is ready to assist you now. Please call us at 1-888-282-4697 or email us a description of your tax issue and we'll contact you promptly.

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