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IRS Notice of Levy on Wages, Salary, and Other Income
Many people are under the false assumption that IRS cannot issue a levy on their Social Security benefits. The IRS generally issues form 668-W Notice of Levy on Wages, Salary, and Other Income, to the Social Security Administration. After the Social Security Administration receives the form 668-W, the Social Security Administration it will withhold future payments due to the beneficiary and remit the same to the IRS for payment on outstanding tax liabilities. Levies can come in different types such, as “one-and-done levies” or a “continuous levy.” To find out which one applies to your Social Security benefits, click here…