How To Get Your Wage Garnishment Released From The IRS?

If you have unfiled tax returns or owe the IRS a huge sum of money then you run the risk of having your wages garnished. Wage garnishment is a form of levy in which the IRS takes a part of your salary to pay the tax debt.

The IRS can seize a person’s salary, wages, and income owed. If you receive a letter from the IRS stating “Final Notice of Intent to Levy” then you need to take it seriously. You run the chance of paying more than you should, which can put you in a difficult financial situation. In such a case, you need to know the different ways of IRS wage garnishment release.

Reasons the IRS will release the wage garnishment

The IRS may lift the wage garnishment for several reasons:

  • If you pay your whole tax debt.
  • Establish a collection arrangement.
  • Proving your financial difficulties to the IRS.
  • The collection period expires.

Observe the rules

Follow the rules diligently by filing your taxes annually and paying off all your debts for the IRS to treat you better.

Paying in installment

You might get a chance for the IRS to agree on paying the debt in installments and get your wages released. They usually give up to three years to pay the taxes.

Prove economic hardship

If you can prove financial difficulties then you might request the IRS to release your wages. Depending on your circumstances, it might be preferable to submit an offer in compromise or a request for currently not collectible status, both of which will lift the garnishment.

Hire a tax attorney

Hiring a tax attorney is a good option as they have the experience of how to get garnished wages released from the IRS.

Garnishments can happen to anyone, especially if you have unpaid taxes or you owe to the IRS. The best tip for not falling into a wage garnishment situation is, of course, paying the taxes and clearing all debts with the IRS on time.

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