Letter 1615: Notice of Tax Lien Release

The Letter 1615 is issued by the IRS to notify taxpayers that a federal tax lien on their property has been released. A tax lien gives the IRS a legal claim to the taxpayer’s property as security for unpaid taxes. Once the taxpayer has fully paid or resolved their tax debt, the IRS releases the lien, and the taxpayer regains full control over their property.

Key elements of Letter 1615:

• Tax Lien Release: The letter confirms that the IRS has officially released the tax lien on the taxpayer’s property after the debt has been satisfied through full payment, a payment plan, or an offer in compromise.
• Effect of the Release: Once the lien is released, the IRS will update public records, and the lien will no longer affect the taxpayer’s credit report or hinder the sale or refinancing of their property.
• Next Steps: The taxpayer is advised to keep a copy of the lien release for their records. If the taxpayer plans to sell or refinance the property, the release will be required to show that the lien has been lifted.
• Request for Lien Withdrawal: In some cases, the taxpayer may request that the IRS withdraw the lien from public records, which can help improve credit scores. The letter provides instructions for requesting a withdrawal if the taxpayer qualifies.

Letter 1615 is an important document for taxpayers, as it signifies the end of IRS collection efforts related to the lien and restores the taxpayer’s full rights to their property.