Garnish
IRS Definition:
An IRS levy permits the legal seizure of your property to satisfy a tax debt. It can garnish wages, take money in your bank or other financial account, seize and sell your vehicle(s), real estate and other personal property.
More from H&R Block:
A wage garnishment, also referred to as a levy, is an enforced collection procedure the IRS uses to collect unpaid taxes. The IRS sends a notice to your employer that requires them to withhold a portion of your wages and send those funds to the IRS.
Your employer will use a table provided by the IRS to determine the amount of wages to be withheld based on your filing status and the number of exemptions you claim. If the wage garnishment prevents you from being able to pay basic expenses such as food and housing, contact the number on the IRS notice you received.
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Related tax terms
Related IRS notices
IRS Letter 1058 or LT11 - Final Notice of Intent to Levy
IRS Letter 2050 - You Have Overdue Taxes or Tax Returns
IRS Notice CP504 - Intent to Levy State Tax Refund or Other Property
IRS Notice CP523 - Intent to Levy & Intent to Terminate Your Installment Agreement
IRS Notice CP90 - Final Notice of Intent to Levy and Your Right to a Hearing
IRS Notice CP91 - Final Notice Before Levy on Social Security Benefits