Tax-topic-201

: A legal claim against all of your current and future property (like your home or vehicle). It alerts other creditors that the government has a prioritized claim on your assets.

: This allows certain qualified taxpayers to resolve their liability with the IRS for a lower amount than they originally owed. You can check your eligibility using the IRS OIC Pre-Qualifier Tool. tax-topic-201

: A physical seizure of your assets to satisfy the debt. The IRS can legally seize your bank accounts, wages, Social Security benefits, or real estate. : A legal claim against all of your