What is a state tax lien and how derogetory is it to my credit report?

state of maryland. can my wages be garnished, if so how much? what are my rights, etc?

What is a state tax lien and how derogetory is it to my credit report?

gotta pay your taxes! it can escalate and become a garnishment in your wages if you don%26#039;t pay or they can even put a lien on your house -if you are a homeowner- it is very derogatory and a red flag to lenders.

What is a state tax lien and how derogetory is it to my credit report?

wages cannot be garnished

It is a negative on all 3 credit reports for 10 years 1 day from the date of lien filed in court

you have no rights... except pay it OR dont buy or sell a property until the lien is off your files

What is a state tax lien and how derogetory is it to my credit report?

What type of lien failure to pay tax on property, failure to collect and pay sales tax due, failure to file state income tax? Is it for personal reasons or tied to your business? If you have wages I am assuming you are not currently self employed. Where you self employed at the time of the tax period in question? Need more details to answer question.

What is a state tax lien and how derogetory is it to my credit report?

Don%26#039;t believe anyone that tells you there is a statute of limitations regarding tax liens. This is the government we are talking about. Tax liens stay on your report forever. When they are satisfied, the government is very good about removing them from your report. But don%26#039;t count on it ever coming off until satisfied. They dip into your credit scores to the tune of 100 points.

I%26#039;m sure you can make some payment arrangements with them and work it out.

Good luck!

What is a state tax lien and how derogetory is it to my credit report?

There is a old saying about the government. They will forgive you, but will not forget you. This tax lein will follow you till either you die or pay it. You can call them and make a payment arrangement. They want their money, not you. If it is failure to pay state employment tax then that should be a easy fix for you. Good Luck 2 U