Every year, you are allowed to pull your credit report from all three credit agencies.
I did this, and found a federal tax lien from 1991, for over 5000$.
I feel this has surely pulled my credit score down.
This tax lien was due to a business my husband had at the time and filing a joint tax return. I know for a fact that the IRS has been paid all money due to them, because we have gotten refunds in later years.
What should I do, and is there any action I could take for messing up my credit for all those years?
2006-11-23 15:06:02 · 3 answers · asked by sylvrrain 2 in Business & Finance ➔ Taxes ➔ United States
The IRS will issue a certificate showing that the obligation has been paid in full which you can file in the county that the lien was recorded in. There is no action that you can take against the Government for recording a federal tax lien for taxes legitimately owed.
2006-11-23 18:19:55 · answer #1 · answered by mattapan26 7 · 1⤊ 0⤋
Tax liens would nicely be placed on a style of very own assets of realty. Liens are available in to 2 communities: first is the felony and federal lien which would be enforced via regulation and 2d, the fairness liens that are valid purely interior the courtroom of fairness. examine extra approximately tax liens here.
2016-12-17 15:20:16 · answer #2 · answered by midkiff 4 · 0⤊ 0⤋
If the tax was fully paid you have to formally request IRS to remove the lien.
If they already have removed it, then you have to request the credit report be corrected/updated.
Then general reporting rule for bad info on your report is 7 years and for good info is 10
2006-11-24 04:22:55 · answer #3 · answered by goldenboyblue 3 · 0⤊ 0⤋