Katy Lied is the fourth studio album by American rock band Steely Dan, released in March 1975, by ABC Records. Reissues have been released by MCA Records due to ABC's acquisition by MCA in 1979. It was the first album Steely Dan made after they stopped touring. Katy Lied is the recording debut of singer/keyboardist/songwriter Michael McDonald, who contributed prominent backing vocals to four songs.