Reasons the IRS may withdraw a Notice of Federal Tax Lien

A withdrawal removes the Notice of Federal Tax Lien from public record. The withdrawal tells creditors that the IRS is abandoning its lien priority. This does not mean that the federal tax lien is released or that the taxpayer is no longer liable for the amount due.

The IRS may withdraw a Notice of Federal Tax Lien if

The taxpayer entered into an Installment Agreement to satisfy the tax liability, unless the Agreement provides otherwise. For certain types of taxes, the IRS will routinely withdraw a Notice of Federal Tax Lien if the taxpayer entered into a direct debit installment agreement and meets certain other conditions.

It will help you pay your taxes more quickly.

If the IRS did not follow procedures.

It was filed during a bankruptcy automatic stay period.

For more information, see Form 12277 Application for Withdrawal of Filed Notice of Federal Tax Lien

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