Mark Dutton Discusses How Wage Garnishment Works and How Much the IRS Can Take from Your Paycheck

Video Transcript

The IRS is limited in the amount that they can garnish out of a paycheck by a table that the IRS creates, which allows you a certain amount of money to exist without going into abject poverty.

It’s based on the number of people in your home and how many people you’ve claimed on your tax returns as dependents – and also if you’re over 65 and/or blind.

The amount that they can take out is dependent on how often you get paid and those numbers of exemptions.

The IRS garnishment is debilitating. The amount of money that they leave for you to live usually isn’t enough for you to survive.

Whereas other garnishments are based on your net take-home pay – so Indiana, for example, has its wage garnishment statue, which is 25% of your net pay, what you would take home. The creditor would take only 25% of that take-home pay.  The IRS doesn’t deal with how much you are paid, they say we are going to leave you this much.

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Dutton Legal Group helps self-employed people and small businesses solve their tax problems. Our goal as experienced tax attorneys is to assist you in finding an immediate, cost-effective answer to your tax challenges. We provide a variety of tax services from balance resolution and return preparation to wage garnishment relief and audit assistance. Make Dutton Legal Group your next call at 1-800-334-0255 or send an email to request a free consultation. Trustworthy and affordable, for over 15 years.