The 2020 version of Publication 1494, “Tables for Figuring Amount Exempt From Levy on Wages, Salary, and Other Income (Forms 668-W(ACS), 668-W(c)(DO) and 668-W(ICS)),” was released Dec. 4 by the Internal Revenue Service.
The tables, which are used to compute the amount of wages, salaries, and other income that is exempt from a notice of levy to collect delinquent taxes, lists amounts for pay periods that are exempt from the collections. The tables should be used with Form 668-W, Notice of Levy on Wages, Salary, and Other Income, on which an affected employee indicates how many dependents are to ...
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