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The IRS Is Taking My Paycheck

An IRS wage levy takes most of your paycheck every pay period until the debt is paid or the levy is released. Here is how to stop it.

The Problem

The IRS issued a continuous levy on your wages. Your employer is now required to withhold a large portion of every paycheck and send it to the IRS. The exempt amount is based on your filing status and dependents. For a single person with no dependents, it can leave you with roughly $1,100 per month. The rest goes to the IRS. Every pay period. Until the debt is resolved.

The Solution

Three paths to release. First, set up an installment agreement. Once a payment plan is in place, the IRS must release the levy under IRC section 6343. Second, demonstrate economic hardship. If the levy prevents you from meeting basic living expenses, the IRS is legally required to release it. Third, enter Currently Not Collectible status. All enforcement stops.

I can typically get a wage levy released within a few days. The key is having the resolution strategy ready to present to the IRS immediately. Call today. Every paycheck you lose is money you won't recover.

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