IRS Garnishment Calculator

If you received an IRS Notice of Intent to Levy on your wages or are currently being garnished by the IRS, here is an IRS Calculator that will notify you of how much your paycheck will be if the IRS garnishes you.

Use the calculator below to determine how much money is “exempt” from levy. Remember, this will tell you how much money you will be paid on your paycheck (take-home). Anything that you earn beyond this amount will be sent to the IRS.

Filing Status:

How Often Are You Paid How Many Exemptions Do You Claim on Your Paycheck?

How Much Can The IRS Garnish From My Paycheck?

When the IRS garnishes your paycheck, there is no set amount or percentage that they take out of your paycheck. Instead, there is an amount that is "exempt" from garnishment. It is extremely important to understand what this means:

Simply put, there is no limit on how much the IRS can take from your paycheck. Instead, there is a limit on what you can take home. Anything that you earn that is above that limit, the "exempt" amount, will be sent to the IRS.

The amount of your money that is exempt from the garnishment is based upon the filing status on your last tax return, how often you are paid, and the number of exemptions that you claim on your payroll.

Note: that it is the number of exemptions that you claimed on your W-4 with your employer that matters -- it does not matter how many exemptions are actually claimed on your tax return (since your employer has no way of knowing this).

Call us or request a Free Consultation and we can let you know how to get the IRS to release the garnishment and how quickly it can all be done.

Typically, we can have a levy release issued to your employer prior to your employer issuing your next paycheck!

How to Stop IRS Garnishment

The IRS doesn’t want to limit their ability to collect on unpaid taxes. However, if you can propose a viable alternative to the IRS levy and show the IRS how you intend to resolve your balance due, they will usually release the levy. This can include entering into a payment plan, filing an Offer in Compromise, requesting currently not collectible status, or other resolution plans.

Before you can propose a resolution to the IRS, you are required to have all of your back tax returns filed. Therefore, preparation of any missing tax returns is your first step towards releasing an IRS levy.

The IRS will also require a full financial disclosure in order to consider any resolution strategy, in most cases. So the second step will be to complete a financial statement. This financial statement is used to prove to the IRS whether you qualify for a payment plan, offer in compromise, or currently not collectible status.

Regardless of how bad your situation may be, we can always have a levy released within the matter of a few days. It all just depends upon whether we need to file Missing Returns and how extensive the balances are going to be once the Returns are filed.

We will confirm all Returns needing to be filed and obtain all tax documents to file these Returns within 24 hours. All you need to do is call us. This is all part of our 100% Free Consultation so there is no risk in getting some answers TODAY!

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All  Tax Relief Consultations are 100% Free and include IRS Check-Up to Confirm All Issues On Account and Status in Collections 
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Colonial Tax Consultants, LLC

425 S Cherry St, Suite 430

Denver, Colorado 80246
Phone: (303) 573-3755