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Can the IRS take money from a delinquent bank account when there is not judgement?
I had an account that went delinquent, I just enrolled in a credit program to pay it back, but there hasn't been any information for a judgment. First question is how are you notified of a judgment against you and the second part is can the irs take the money out of your taxes ?
3 Answers
- Bostonian In MOLv 71 decade agoFavorite Answer
The IRS can attach a bank account (or any other asset) to satisfy a debt owed to the IRS. A judgement is not required. There are notice requirements, however.
Tax refunds can also be taken to satisfy government debts including taxes, defaulted student loans and back child support.
- 1 decade ago
When you have a judgment against you, you will be notified by mail....if they can find you. The IRS pretty much does what they want. They levy (assess and collect) any tax that they feel that you owe. You should have received notices in advance that they were going to do this, so that you could have disputed it. If you dont respond, they proceed with the levy. No response means you agree to the amount they say you owe. If you file a tax return and have a refund due to you they will keep it if you owe past due taxes.
- jessiekarmaLv 41 decade ago
Who is "they?" The bank? They can't take any money from your taxes.Now, if you owed the IRS, yes, they could indeed take it out of your return.
