If the IRS has a lein against you for back taxes, does it ever expire, and what happens if you die?
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If the IRS has a lein against you for back taxes, does it ever expire, and what happens if you die?
It expires when its paid. If you die its applied to your estate.
I am a little confused, as I found this article.
IRS Statute of Limitations: Do Taxes Ever Expire?
It states that that the IRS has 10 years?
Well looks like I was wrong. Sorry about that. Generally a debt never expires, so I assumed that applied to tax debt as well.
Generally the time frame for collections is 10 years from the date the tax is assessed. A copy of the lien should show the date the tax was assessed. The date you file the return is not the date the tax is assessed.
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