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If the disposable income total is 188.06 for an employee do you garnish the 154.50 Or 25percent?

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Answered 2007-08-31 16:44:06

25%

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Up to 25% of your disposable income. Disposable income is gross - taxes.


The limit is 25% of your weekly disposable income.


The IRS can garnish a self employed or 1099 employee. If income taxes are not paid, the IRS has the right to attempt to retrieve them.


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Take your monthly income and subtract your monthly bills and cost of living expenses (gas, groceries, etc.) The money that is left is consider disposable income.


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If you owe money and have a judgment against you, they can garnish your income.



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