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What else can I help you with?
Can the IRS put a levy on funds in a family trust?
Yes, the IRS can place a levy on funds that are held in a family trust. However, they usually only place liens on this type of account as a last resort.
Can IRS take unemployment money from bank account?
IRS can take whatever they want as long as they have the judgement or proper lien papaerwork filed. They are amazingly efficient when it comes to attaching liens and they gooble up bank accounts like pacman. Put the account in trust for someone else and you be the custodian. Solves that issue. Forget having a bank account if you owe the IRS.
Can a creditor put a lien on my federal income tax refund?
A creditor can put a lien on federal income tax refunds and usually will when the debt is that of a student loan or child support. Other creditors can if the right paperwork is filed within a specified time frame to the IRS.
Will the bank repossess a car with IRS tax liens on it?
The IRS to my knowlege will not/and is not able to put a lien against property that is not outright owned by the person. If the bank holds the title, it is not the person's property yet and is not subject to an IRS Lien. If the vehicle gets paid off, then at that time the IRS can put a lien against it The IRS tax lien attaches to all property, real and personal. However, the IRS has a number of things working against them: 1. The title to the car is being held by the bank. 2. The bank's security interest is perfected (they are listed as a lien holder on the title). Because of this, the bank is going to have priority on the vehicle even if the IRS filed a Federal Tax Lien before the bank gave the loan.
If you owe the IRS and several banks money and they have placed liens on your home and you sell it who gets their money first?
If you try and sell it, everyone will get paid before you can provide title over to the buyer. The primary mortgage holder will get their money first. Then the liens, usually in the order they were placed on the property will get paid off. If there is anything left, you will receive the balance. Put another way, you must pay off the liens to sell the property. It can be at the time of sale. That's the point of the lien. They get paid before you.
Do all judgments put liens on home titles?
No. A judgment has to be docketed for there to be a liens. This, of course, is referring to civil or small claims financial judgments.
How long does it take to get your 8000 refund?
You will just need to have a lot of patience while you are waiting for the correctly filed paper mailed in copy with all of the necessary documentation attached to the copy of your 1040 income tax return to be processed by the IRS . It normally takes about four to eight weeks to get a refund claimed on a complete and accurate paper return where all required documents are attached. For some of the earliest filers, the updates that the IRS must put into place may mean that refunds will take an additional two to three weeks. The IRS expects the first refunds based on the homebuyer credit will be issued toward the end of March.
What happens to your ex- hsuband if he stops paying child support?
The State may take various actions to collect, such as wage assignments, liens on real and personal property such as bank accounts, intercepting tax refunds and other government payments, etc.
I need to file my taxes on-line.?
You can go to irs.gov and use your checking or saving account to have any refunds put directly into your account. This is free and you usually get refunds quicker.
Can the IRS put a lien on a pension?
The IRS can garnish a retirement pension if you owe overdue back taxes. This type of garnishment is called a levy.
How much money does the IRS allow you to put into your 401k in CY2007?
$15,500 +$5,000 additional($20,500), if 50 or older $15,500 +$5,000 additional($20,500), if 50 or older
Can you put a lien on a house that is in foreclosure?
Yes, a foreclosure will, however, take priority over secondary and other liens, often everything except tax liens.
