2007-01-26 16:13:14 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
It means your wages have been attached, and the money will be going to someone you owe who has gone to court to get paid.
Look up garnishing in the dictionary.
2007-01-26 16:18:30 · answer #1 · answered by Gaspode 7 · 3⤊ 0⤋
You've discovered something that is often not well understood. If you earn wages, any levy has a continuing effect--that it, it attaches each pay check. If you're a contract worker, the levy only attaches to what is owed at the time the payor receives it. It's for that reason that levies on 1099 income usually aren't very productive for the IRS,
2016-05-24 04:23:01 · answer #2 · answered by Grace 4 · 0⤊ 0⤋
A notice of a levy on wages, salary and other income is a court ordered judgment garnished from a paycheck, bank account, or any other means of income to satisfy unpaid debt, or taxes.
See link for further clarification: http://en.wikipedia.org/wiki/Judicial_remedy
Hope this helps.
God Bless...
2007-01-26 17:04:15 · answer #3 · answered by ye 4 · 0⤊ 0⤋
A levy can also come from a government agency like the IRS.
2007-01-26 16:18:08 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
It means that some other person than the government, usually a credit agency, will start to take money out of your paycheck for past due accounts.
2007-01-26 16:17:08 · answer #5 · answered by David W 3 · 0⤊ 0⤋
It means it's time to find a "cash under the table" job.
2007-01-26 17:01:53 · answer #6 · answered by Michael E 5 · 0⤊ 0⤋
they are about to hit you hard in the pocket
should have paid that child support
2007-01-26 19:05:54 · answer #7 · answered by RUSSELLL 6 · 0⤊ 0⤋