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My boyfriend owes back taxes. Is the IRS able to levy my account if I send out the payments for him? He is not on the account.?
7 Answers
- 6 years ago
Your account is only at risk if his name is on the account as a joint owner. Even so, the IRS can only take his portion of the funds that are in the account.
The major hassle is that when the bank receives a levy notice the account will be frozen for 21 days to give you time to prove your share of the funds. Deposits will be accepted but no withdrawals will be processed at all. If you fail to prove your share during that 21 day window the entire amount will be presumed to be his (unless you are married and live in a community property state) and the levy will proceed.
Writing a check on your account to pay his taxes does NOT put your account at risk if his name is NOT on the account.
- ShayLv 76 years ago
Play it safe and send a money order or a cashier's check instead of sending payments directly from your account.
But, since his name is not on your account, they shouldn't be able to take funds directly from your account.
- ?Lv 76 years ago
don't get involved with his taxes - tell him to contact them about getting on a payment plan
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