If an IRS lien has been placed with the company that pays me, whatpercentage are they legally allowed to withhold?

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If an IRS lien has been placed with the company that pays me, whatpercentage are they legally allowed to withhold?

Asked on February 10, 2012 under Bankruptcy Law, New York

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

With respect to an IRS lien placed with an employees employer, the standard amount that the employee is allowed to keep is the typical amount of the deduction under one's W-2 divided by 52 until the amount of the lien has been paid in full.

In a nutshell, when there is an IRS lien on wages, the amount of the net pay to the employee from the employer is very small. The IRS gets the lion's share. For a family of 3, the estimated net payment to the employee would be at most $325 per pay period.


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