Can the IRS take money out of your paycheck if you owe taxes?

Yes, the IRS can take money out of your paycheck if you owe back taxes. Contacting the IRS is the best way to avoid such a scenario. Depending on your financial position, the IRS will work out a payment schedule with you.

The organization is usually fairly flexible and wants to make it as easy as possible on you. They will make a suggestion for how much they believe you should pay in a given month, but if you are not capable of making such payments, they will work within your range. Of course if you then file the next year and they see you clearly make enough money to be paying more towards your debt, they will likely garnish your wages in order to make up the difference.

There are no hard rules on how quickly you have to pay back the debt, but the sooner the better as far as they are concerned. If you stick with your payment schedule you can stretch it out over an extensive period of time. If you are ever owed a refund or credit in any year you will not receive it as it will go against the money you owe the government.

Yes, the IRS can take money out of your paycheck if you owe back taxes. Contacting the IRS is the best way to avoid such a scenario. Depending on your financial position, the IRS will work out a payment schedule with you.

The organization is usually fairly flexible and wants to make it as easy as possible on you. They will make a suggestion for how much they believe you should pay in a given month, but if you are not capable of making such payments, they will work within your range. Of course if you then file the next year and they see you clearly make enough money to be paying more towards your debt, they will likely garnish your wages in order to make up the difference.

There are no hard rules on how quickly you have to pay back the debt, but the sooner the better as far as they are concerned. If you stick with your payment schedule you can stretch it out over an extensive period of time. If you are ever owed a refund or credit in any year you will not receive it as it will go against the money you owe the government.