If you have a IRS tax debt what is the most Percentage they can garnish from your paycheck?
If you have a IRS tax debt what is the most Percentage they can garnish from your paycheck
If you have a IRS tax debt what is the most Percentage they can garnish from your paycheck
June 5th, 2009 at 3:33 pm
25 % unless it is for child support in which case it would be as much as 65%.
June 5th, 2009 at 3:33 pm
25% of your gross pay, which is usually 50% of your net.
June 5th, 2009 at 3:33 pm
25%.
Although they are not bound by your state or local rules, Illinois imposes a maximum of 15%.
If 25% would be a hardship, you may be able to talk them into garnishing a lower percentage, or accepting an offer in compromise, if you provide a financial statement.