The IRS filed a tax Lien against my unpaid taxes on 12/25/951995. It expires on 1/24/06.
It was for the years 1990, 1991 and 1992. Since I have been on an installment agreement since 1995, I have paid off 1990 and 1991.
I also have federal taxes owed individually by me for years 1996 and 1997 and joint taxes with my wife for 1999 and 2001. These are not listed on any lien.
I owe $4700 for 1992 and about $17,000 in total.
Will this tax lien keep those taxes from being discharged under a Chapter 7?
Would they be included in a chapteer 13?
Is the IRS going to seize all of my personal preperty to pay that portion under a lien? We rent and the vehicles are in a negative equity situation under KBB trade-in value, but have positive if retail value is used.
Please help. This is not something I had though I would encounter. AAArt
It was for the years 1990, 1991 and 1992. Since I have been on an installment agreement since 1995, I have paid off 1990 and 1991.
I also have federal taxes owed individually by me for years 1996 and 1997 and joint taxes with my wife for 1999 and 2001. These are not listed on any lien.
I owe $4700 for 1992 and about $17,000 in total.
Will this tax lien keep those taxes from being discharged under a Chapter 7?
Would they be included in a chapteer 13?
Is the IRS going to seize all of my personal preperty to pay that portion under a lien? We rent and the vehicles are in a negative equity situation under KBB trade-in value, but have positive if retail value is used.
Please help. This is not something I had though I would encounter. AAArt
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