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When an unpaid tax liability of $10,000 and over accrues, the IRS will file a notice of federal tax lien. The credit agencies pick up on this rather quickly. The best way to get rid of the lien is to satisfy the debt through payment or correction and to file a IRS form 12277 for withdrawal request. Then notify the credit agencies of the situation. The lien may stay on the credit report for 7 years and will have a negative impact.