This person has no bank acct no ss or penision and no money just a paycheck, I was told they can take up to %10 of my friends gross, someone else was in this same spot and told my friend the same thing, he had no assests or bank accts, and he never made a deal with the irs and they just take %10 of his gross paycheck any help ty
2007-11-05 05:52:36 · 6 answers · asked by mr xxxxxxxxxxxxxxxxxxxxxxxxxxxxx 1 in Business & Finance ➔ Taxes ➔ United States
tell your 'friend' to pay back the irs fool
2007-11-05 05:56:33 · answer #1 · answered by LAK1188 2 · 0⤊ 0⤋
If a taxpayer is single, IRS will be paid everything over $168.27 per week. It will stay that way until the account is paid or the taxpayer can produce a letter showing he is about to be evicted or have his utilitites shut off. If you want more information outside the forum, you can email me through my profile.
2007-11-05 15:35:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Well that usually happens after they give you an opportunity to file an extension and to setup a payment plan. Tell your friend to contact the IRS and deal with his / her issue directly because if they have to come after you then they can act without mercy.
2007-11-05 13:57:55 · answer #3 · answered by CJames 2 · 0⤊ 0⤋
Depends on where you live, but 10% sounds very low for being the most they can take out.
2007-11-05 14:17:17 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
Check out Publication 1494 at www.irs.gov It will show you a table for figuring the exempt amount. (what they can't take).
It is based on Exemptions claimed on his tax return. This is what his employer will receive.
2007-11-05 14:02:45 · answer #5 · answered by Connie D 2 · 1⤊ 0⤋
if it is like a garnishment, the max would be 25%, I think, or they can retain his entire tax refund, if any.
2007-11-05 14:00:14 · answer #6 · answered by DeeDee 6 · 0⤊ 0⤋