after my devorce i ve made some unwise decisions.there was an audit and the i.r.s started garnishing my wages 50%. now my employer says they are going to take out even more.can the i.r.s take out more? help!
2007-07-12 23:19:12 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Bostonian in Missouri is absolutely right. They use a formula. So far as I know the formula has not changed recently but if you got a raise and make more the amount they take will go up. There is a maximum amount that you are allowed to take home based on your location, filing status, etc. and the IRS will pretty much take the rest until the debt is paid.
2007-07-13 01:45:14 · answer #1 · answered by FlCpa 3 · 0⤊ 0⤋
Probably. They use a formula that will leave you just enough to survive on. No beer, no smokes, no entertainment.
You basically brought this on yourself by failing to work out a payment agreement with them or not sticking to one that you did. Wage attachments are a last resort by the IRS.
2007-07-13 06:24:34 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
considering they are the I.R.S they can take as much as they want,they can be a$$holes. if the irs cheats you then it's no big deal but when they find out they have been cheated then it's on they want it all back and fast.they mean business,actually i know a guy that cheated on his taxes for several years and ended up in a federal prison because he couldnt pay the entire amount back when they wanted it.50% is alot and they dont care if you have money to eat ot pay for living expenses and i'm sorry that your in this mess.good luck and may god bless :)
2007-07-13 09:58:53 · answer #3 · answered by amy f 3 · 0⤊ 5⤋