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IRS To Collect Overdue Taxes From Social Security Benefits
IRS can reduce your social security benefits payment by 15 percent a month to collect the money owed to them.
If you get Social Security benefits and you owe delinquent federal tax to the Internal Revenue Service (IRS), you should make arrangements to pay off your tax obligation. If you don't, IRS can reduce your payment by 15 percent a month to collect the money owed to them.
IRS will send warning notices starting this month. Beneficiaries who owe a delinquent federal tax will receive a notice before their Social Security benefits are reduced. For more information about this new automated tax levy program, see:
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