Form 668 (Y) (c) Illinois 2017-2025

Form 668 (Y) (c) Illinois: What You Should Know

If the Service cannot verify the IRS notice from the Federal Tax Lien Registry, it generally is considered a “cancellation” notice and is sent a “resignation” notice. As you can see above, the IRS does not accept this type of notice. If you receive notice of a tax lien for a taxpayer other than yours, and you have questions regarding the lien, then contact the IRS for advice on what to do. When is a Lien Annulled? The lien that is filed is not cancelled for any reason other than a failure by the taxpayer to file an IRS Form 668.  Why was I Lined for the Past Year? If the IRS is informed of a Federal Tax Lien on the taxpayer's property, the Service will usually not proceed with the collection of the tax lien, unless the lien is invalid and/or the taxpayer establishes to the satisfaction of the Service that the lien was established for the wrong person. However, the Service may at its option proceed with a civil tax ligation for a tax deficiency or, in case of a bankruptcy, for any amounts that are the subject of the bankruptcy petition. If the IRS believes the lien should be cancelled for any of the reasons identified above, the Service may do so. As a practical matter, the filing of a Federal Tax Lien does not terminate collection of the tax lien. See IRM 25.9.1.9.4.7. Do I need to file a Form 668(Y) or a Form 668-T(ICS) If you would like to know your federal tax liens on items on which you did not have to pay, you will find information about how to enter your account information in your My Payment Record of the IRS? You are not required to file Form 668(Y) or to file an IRS Form 668-T(ICS) if you do not have a federal tax liability at the commencement of the year for which you were assessed the tax lien. If the IRS determines the amount of tax you are liable for is greater than the amount of tax you paid for the year, you will not owe the amount of tax included in the lien. If the amount of tax you owed for the year does not equal the amount of tax you paid for the year, you may owe the lien amount but not the amount of tax you owed for the year.

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