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Does anyone know, will the state file a lien against you if you enter an installment agreement? I have filed already and owe 8K... I would like to enter a payment plan but am terrified they will put a lien on me. It's Maryland.
thanks in advance!
@Anonymous wrote:Does anyone know, will the state file a lien against you if you enter an installment agreement? I have filed already and owe 8K... I would like to enter a payment plan but am terrified they will put a lien on me. It's Maryland.
thanks in advance!
I don't live in MD, but I'm pretty sure the state won't do any kind of lien as long as you have an agreement and don't miss payments.
I've been on installment agreements with the IRS ( fed ) and they never did anything to my CR.
@Anonymous wrote:Does anyone know, will the state file a lien against you if you enter an installment agreement? I have filed already and owe 8K... I would like to enter a payment plan but am terrified they will put a lien on me. It's Maryland.
thanks in advance!
Honestly, I have no idea on MD and I couldn't easily find out via Google but one thing is almost certain: if you don't pay at all, there will be a lien filed almost certainly at that dollar amount.
If you can't pay it all at once, an installment plan is the next best thing... and it's always better to be as proactive as possible when trying to keep a potential lien at bay in my own personal experience. I don't know what the MD tax board would do in this instance, but an installment agreement might work, whereas not paying won't. PD is right in suggesting that most jurisdictions that I'm aware of won't file a lien if you're not flaking on an installment agreement, but one cannot predict what an individual state will do with any accuracy, might as well use a Oujia board unfortunately. The IRS is a well known and well regulated animal, every state tax board is utterly independent and individual.
