In retirement, a tax debt can reach your federal payments. The Federal Payment Levy Program can take up to 15% of many federal payments until the debt is handled.
Your Social Security may be taxable, depending on your other income. Many retirees find out with a bill.
Through the Federal Payment Levy Program, the IRS can take 15% of many federal payments, like federal retirement pay.
If paying would leave you unable to cover basic living costs, a tax pro can ask about hardship status.
Steps that help
- Check if your Social Security is taxable.
- Set up withholding on pension or Social Security if you keep owing.
- Answer IRS letters before a levy starts.
Help that may fit
Results depend on your situation. Not every case qualifies.
Common questions
Can the IRS take my retirement pay?
It can levy many federal payments through the FPLP, up to 15% of each payment, until the debt is resolved.
Can I get help if I already owe?
Yes. A tax pro can look at payment plans, penalty relief and other options for your case. Results depend on your situation. Not every case qualifies.