Tax Liens Investments
June 2nd, 2010
Question: Is it possible for the IRS to put a lien on a mutual fund?
If they can, do I still have access to account information? I tried to cash in and found out that the IRS put a lien on it until I file back taxes and then pay them out of the fund. But does this mean that I no longer even have access to my account information. All I need is a statement saying what I had and that there is a lien and the investment company says I cannot even have information without filing my taxes. Is this true?
Answer: I would go with what the investment company is saying to you. But I do know that there isn’t much that the irs can’t put a lien on. They can lien bank accounts, so I would say they can liem mutual funds.
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