Form 668-W(c)(DO) is the IRS Notice of Levy on Wages, Salary, and Other Income. The IRS issues this form to direct employers, payroll processors, and other income payers to withhold a portion of a taxpayer's wages and send that amount directly to the IRS to satisfy an unpaid federal tax debt. The form covers wages, salaries, fees, commissions, bonuses, and certain retirement and benefit payments.
When an employer receives this form, they must give the employee copies of Parts 3, 4, and 5. The employee has three days to complete Part 3 (Statement of Exemptions and Filing Status) and return it. If the employee does not return Part 3, the employer must use the default single/zero-dependent exemption. The employer calculates the exempt amount each pay period using IRS Publication 1494 tables and withholds any income above that threshold.
The levy is continuous and remains in effect for every pay period until the IRS releases it with a Form 668-D. Employees facing a wage levy may be able to stop it by arranging an installment agreement with the IRS. Employers who fail to comply with the levy may be held personally liable for the amounts they should have withheld. The legal authority for this levy comes from sections of the Internal Revenue Code that govern tax collection.
| Question | Answer |
|---|---|
| Form Name | 668 W C Do |
| Form Length | 11 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 2 min 45 sec |
| Other names | notice of levy on bank account, irs form 668 w c, what is a tax levy, notice of levy |
