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What do you do when you have a wage levy from the IRS but your tax refund should cover the amount owed?
Wiki User
∙ 16y ago
It can take up to six weeks for the IRS to post the refund credit and then transfer the credit to the period with the liability. Once this is done the levy will be released and any over payments from the levy will be returned. Unless you are working with a local revenue agent you need to call the IRS directly at 800-829-7650 or 800-829-3903 to speed up the process. These are the numbers to IRS collections department. They may ask you to fax a copy of the return to them but in any event they should release the levy immediately. I say should because IRS collections agents are tough and it may take repeated calls or the help of a tax attorney, like myself. For more information visit the following site for four ways to get an IRS wage levy released:
http://www.ctctax.com/TS_getIRStaxlevyreleased.asp
Wiki User
∙ 16y ago
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Can someone put a levy on your tax return?
In the United States, a levy can be put on your tax *refund* by various means. (Your tax return is the paper you file with the IRS.)
The amount of what type of tax is determined through the use of mill levy?
property tax
The amount of what type of tax is determined through the use of a mill Levi?
The amount of property tax is determined through the use of a mill levy.
In Texas can a creditor judgment for an unpaid phone bill be enforced as a wage or tax refund garnishment or a bank account levy?
A judgment creditor can levy a bank account even if it is joint. A judgment creditor can only garnish income if there is no other way to recover monies owed. A judgment creditor can place a lien against real property but cannot perfect the lien as a forced sale of a primary residence. A judgment creditor cannot seize a tax refund.
How can one remove an IRS tax levy?
The best way to not have an IRS tax levy is to pay one's taxes in full when they are due. Once a levy is in place, one can remove it by paying a lump sum equal to the amount owed or by setting up an installment payment plan directly with the IRS.
Can they take your tax refund to satisfy a levy?
yes, they can take any assets you have
Can someone put a levy on your tax return?
In the United States, a levy can be put on your tax *refund* by various means. (Your tax return is the paper you file with the IRS.)
The amount of what type of tax is determined through the use of a mill levy?
The amount of property tax is determined through the use of a mill levy.
levy from child support in A.Z how can I get this lifted?
In order to get a levy lifted, you will first need a lawyer to see if the levy is just. If not, then your lawyer should appeal this decision in court.
The amount of what type of tax is determined through the use of mill levy?
property tax
Can your Federal tax refund be garnished by collectors?
Not directly. Once the funds have been deposited into a bank account a judgment creditor could levy the account for the debt owed. There are several factors that come into play when it relates to the attachment of a bank account by judgment creditors. For example, how the account is set up, JT, JTWRS, TBE, and so forth. The majority of U.S. states only allow a creditor to levy and account once. After that the creditor has to return to court and have the judgment refiled as a second levy if the full amount of the debt was not obtained in the original action.
You are in Missouri your wifes bank account has been levied your state refund and federal refund went in during the levy you know they will get some of the money but the tax returns are in both names.?
So I assume, that your saying that you filed a joint tax return and the refund hit your wife's individual account. Could be a tricky one, for starters you will need to file a motion with the courts to challenge the levy and explain your story, and you have a "chance" to get your money released from the hold. However, if your wife was the primary filer and the IRS sent the money just in her name then you might not win the argument.
How long does a bank levy last in the state of Tennessee?
It's a one time rape of your bank account. Whatever funds are holding when the bank levy hits, up to the judgment amount, will be deducted from your account and sent to the court. If they issue another levy, same thing will happen again each time the levy is issued.
The amount of what type of tax is determined through the use of a mill Levi?
The amount of property tax is determined through the use of a mill levy.
Is Jacob the narrator?
why the /$*? would you ask this you should know that its levy
The power to levy taxes is considered?
The power to levy taxes is considered executive and can therefore be handled by an institution under the executive arm of the government. Governments get a large amount of income from taxes.
What happens if a judgment creditor places a levy on a bank account and the account balance is less than the judgment amount?
You get fined a fee by the bank, your account is frozen, and they will probably come after your paycheck through garnishment (even if the levy is removed) Levy is a step, garnishment follows.
