Form 4490 PDF Details

It's important to note that form 4490 is typically filed with a bankruptcy court during the proceedings of a bankruptcy case. It's not a form that a taxpayer would typically use unless they're in the middle of bankruptcy proceedings and are working with the IRS to settle their tax debt. Other things you should be aware of include the following:

Filing Bankruptcy Doesn't Always Discharge Tax Debt: In bankruptcy, some types of tax debt, particularly federal income tax debt, might be discharged (wiped out). However, certain conditions must be met, and some types of tax debts, such as payroll taxes or penalties for fraud, can't be discharged in bankruptcy.

Tax Lien: If the IRS has already filed a tax lien against your property before you file for bankruptcy, that lien will likely remain even after bankruptcy proceedings, and you'll still have to deal with that debt.

Potential Personal Liability: Form 4490 also notes that any person (such as a trustee, executor, or administrator) who fails to pay claims of the United States according to their priority could become personally liable for the debt under 31 U.S.C. Section 3713(b).

Form NameForm 4490
Form Length5 pages
Fillable fields0
Avg. time to fill out1 min 15 sec
Other namesform 4490 pdf, irs 4490, proof internal revenue taxes, claim internal taxes

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