When does a federal tax lien expire?

Answer by  cgroverla (516)

The IRS has ten years to collect a debt unless there has been an agreement to extend the time for collection or a payment arrangement has been made. Once the statute of limitations is over, liens to satisfy that debt will expire. Therefore the expiration of the lien depends on the statute of limitations for the related debt.

Answer by  sara99 (851)

Tax liens are only dismissed when paid in full or the negotiated amount by the courts. You cannot just ignore them without additional fines being added to the original amount. You can dispute in writing if you feel the amount is not accurate. The fines will quickly double your original amount.

Answer by  sbohanon (36)

A federal tax lien is effective against the taxpayer's property from the time of assessment until the liability is satisfied or becomes unenforceable by lapse of time. In 2009, the period of limitations on collection by levy or court proceeding is ten years from assessment.

Answer by  John (9008)

They never expire. They remain until the debt is satisfied. If the property is sold, the lien must be paid, no matter how much time has passed.

Answer by  DesertRat (699)

Tax liens generally don't expire, you have to either pay them off or get them released through a court judgement.

Answer by  grannypat2 (26)

Your tax lien expires when the debt is paid in full, or when the Federal Goverment confiscate's the property for monies owed.