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IRS Form 668-Z Erroneous Filed Lien

The IRS uses Form 668-Z to notify you of the release of a lien filed erroneously. This can be very difficult to accomplish and requires the filing of a Form 13794. 

 

Reg § 301.6326-1 defines an erroneously filed NFTL as one which is filed during the presence of one of the following conditions:

 

The tax liability was satisfied prior to the NFTL filing.

 

The tax liability was assessed in violation of deficiency procedures in IRC § 6213.

 

The tax liability was assessed in violation of a bankruptcy stay.

 

The statute of limitations for collection expired prior to the filing of the NFTL.

 

When a NFTL is inadvertently filed (i.e. wrong person)

 

When it has been determined that the liability(s) covered by the NFTL was assessed against the taxpayer due to an identity theft situation, the NFTL may be released as an erroneous NFTL filing.

 

The IRS uses Form 668-Z to notify you of the release of a lien filed erroneously. This can be a very difficult to accomplish and requires the filing of a Form 13794. 

IRS Form 668-Z Erroneous Filed Lien

The IRS uses Form 668-Z to notify you of the release of a lien filed erroneously. This can be very difficult to accomplish and requires the filing of a Form 13794. 

Reg § 301.6326-1 defines an erroneously filed NFTL as one which is filed during the presence of one of the following conditions:

The tax liability was satisfied prior to the NFTL filing.

The tax liability was assessed in violation of deficiency procedures in IRC § 6213.

The tax liability was assessed in violation of a bankruptcy stay.

The statute of limitations for collection expired prior to the filing of the NFTL.

When a NFTL is inadvertently filed (i.e. wrong person)

When it has been determined that the liability(s) covered by the NFTL was assessed against the taxpayer due to an identity theft situation, the NFTL may be released as an erroneous NFTL filing.

What is my first step?

If you received a letter or notice, a decision has to be made.  Do you feel confident to handle this situation on your own?  If it is a simple issue and you already know the answer, call or write them. If the issue is more complicated, you need to hire a Certified Tax Resolution Specialist. The IRS or State will take full advantage of your lack of knowledge and experience.

What is Your Next Step?

The next step is to determine if the notice was sent in error.  Do you have an outstanding tax liability?  Do you have unfiled or incomplete returns?

Is There a Time Limit?

Yes, each letter or notice from the IRS or State will indicate a date that you MUST to contact them by.  If you need more time, call the number on the notice or letter and request an extension.  DO NOT ALLOW the time to expire without contacting them or hiring a representative to contact them for you.

What You Don’t Want to Do!

What you don’t want to do is nothing.  Your tax problems will only get worse if you ignore them.  If you cannot pay, there are a number of potential solutions available to those who are otherwise in compliance.  In compliance means having all tax returns filed and any balances paid or on a payment plan.  If you have outstanding debts or unfiled returns, you need to get hire a Certified Tax Resolution Specialist.

Get Some Help

If you don’t know how to address the issue(s), have unfiled return/unpaid balances or just done feel confident, let the experts at Legacy Tax & Resolution Services represent you.  Work with our team of Certified Tax Resolution Specialists to resolve your issue(s) quickly.  Best of all, you don’t have to talk to the IRS or State; we can speak on your behalf.

 

 

Download our Special Report “ I Just Received an IRS Notice, What Do I Need To Know?”

In it you will find next steps, dos and don’t and information about your options

 

 

 

 

 

 

 

 

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Also See

Can I Go To Jail For Owing Taxes?

Why Shouldn’t  I Just Use my Own CPA or Attorney to Help Me With This Tax Problem?

What is an Offer in Compromise in a nutshell?

I have Let This Get Out of Control.  How Soon Could You Start Working On My Behalf?

How are you compensated?

Several Tax Resolution Companies have called Me! Why Should I Hire Legacy Tax % Resolution Services?

Do I Need Local Tax Representation?

How Do I Know If My Situation Qualifies to Have my Tax Bill Reduced?

How Long Does the IRS Have to Collect Back Taxes From Me?

I Have a Deadline With the IRS (or State) Right Around the Corner.  Is It Too Late for Legacy Tax & Resolution Services to Help?

 

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