IRS Form VR 056 is used to apply for a voluntary disclosure program. This program allows taxpayers to come forward and disclose previously undisclosed foreign financial assets and income. Participation in the voluntary disclosure program can provide taxpayers with reduced penalties and a chance to avoid criminal prosecution. If you have undisclosed foreign financial assets or income, it is important to understand how the VR 056 form works and whether you are eligible to participate in the voluntary disclosure program.
If you need to first determine how much time you need to fill in the vr 056 form and what number of pages it's got, here's some basic information that might be helpful.
|Form Name||Vr 056 Form|
|Form Length||1 pages|
|Avg. time to fill out||15 sec|
|Other names||vr 056, form vr 056, out lienholder, maryland out of state lienholder letter|
MOTOR VEHICLE ADMINISTRATION
6601 Ritchie Highway, N.E.VR-056
Lien Holder Information
Vehicle Identiication Number
In order to complete your customer’s titling transaction in the State of Maryland, we must have the original title to the above referenced vehicle. This transaction must be completed within sixty (60) days of
establishing residency in Maryland, to comply with Maryland Vehicle Law.
It is our understanding that you are holding the original __________________________________________ title for
the above referenced vehicle. Please forward the title to P.O. Box 2276, Glen Burnie, MD 21060.
If sending the title via overnight mail, please send to the:
Motor Vehicle Administration
6601 Ritchie Highway, N.E.
Glen Burnie, MD 21062
Attn: Out of State Title Unit
A Security Interest Filing Statement, relecting your company as the Lien Holder, will be mailed to you when the titling transaction has been completed.
If your customer’s name has changed, please forward a letter of authorization to change the name. Lessors should also send a power of attorney for the lessee to sign any documents necessary to title and/or register the vehicle in the State of Maryland. If the Maryland title is to be mailed to the lessor, please include the return address.
When the lien is satisied, you are required to release all rights and interest in the vehicle by signing the Notice of Security Interest Termination (SIF) section, located on the front of the SIF, indicating your capacity and date of release and mail to vehicle owner(s).
Please return this letter with the aforementioned title.
MVA Customer Agent
For more information, please call:
TTY for the hearing impaired:
Original - Customer Copy
Carbon - MVA Copy