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Lakeland Florida Form 12277: What You Should Know

Withdrawal of Federal Tax lien. You may want to think about your situation before even seeking this type of action. Some of the issues you need to be aware of include your income and your debt.  There are times when you should not try to “fix” your credit. A good way to minimize the damage is to work with the IRS to minimize the amount of time you will be under a tax lien. You don't see this happen very often because the IRS, or the creditor, will just move forward with the process and try to collect as much as possible and your ability to resolve the issue will be limited. In order to be eligible for a federal tax lien withdrawal, all you should have to do is provide us with your: Your name and address. Your SSN. Your Social Security number. The number of the bank account that holds assets that are subject to a federal tax lien. The IRS also makes it easier for you by requiring that you provide us with all of your information when completing IRS Form 668(Y). Once you use these instructions you will have the opportunity to complete additional fields in the IRS Form 668(Y). You may also be eligible for the federal tax lien withdrawal even if you are not in default with the IRS. If you believe that you are eligible for a tax lien withdrawal and your information is correct, please return the completed and signed IRS Form 668(Y) to us by postal mail to: The Lakeland Police Department 621 North Main Street Lakeland, FL 34236 or fax your completed and signed IRS Form 668(Y) to : 818.822.4430 If you have questions or require additional information, please contact the Lakeland Police Department at for further assistance. This form must be completed within 14 days of the date of original lien to receive a tax lien withdrawal. If you do not need this form for a tax lien, then please complete and mail Form 4868(Y) instead.

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