Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Oscar Oppressed consults you regarding his tax problems. Oscar tells you that he has not paid the $20,000 balance due on his 208 income
1. Oscar Oppressed consults you regarding his tax problems. Oscar tells you that he has not paid the $20,000 balance due on his 208 income tax return. He had sent some information to the Collection function of the IRS showing them that he had no money aside from the wages he earned as a janitor at the local packing plant. Oscar mailed in the information approximately six months ago and heard nothing further until he went to pick up his paycheck last Friday. The paymaster informed him that they had received a levy and had paid over the amount of his check to the IRS. (A) Is the levy proper? (B) Can the IRS take Oscar's entire check or must they leave something for Oscar and his three minor children to live on
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started