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IRS Levy Federal Law

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Dear Experts,

 

Could please let me know the IRS Levy Federal law for exempt amount, which talk about the calculation of Garnishment  amount or Net Payment (On Hand Salary).

 

The form - 668 is talk about levy rule for exempt amount, as per this doc the minimum net pay amount is levy exempt amount and which should not less net amount then exempt amount, can any one will clarify on this.

 

Edited by: chandra reddy on Jan 31, 2012 2:32 PM


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