IRS Issues 2021 Table on Levy Exemptions for Wages, Salaries

Nov. 9, 2020, 4:37 PM UTC

The 2021 version of Publication 1494, which is used to determine the amount of wages, salaries, and other income that may be exempted from a notice to collect delinquent taxes, was released Nov. 5 by the Internal Revenue Service.

The publication, “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)),” lists amounts for pay periods that are exempt from the collections. The tables are to be used with IRS Form 668-W, Notice of Levy on Wages, Salary, and Other Income, on which an affected employee indicates how many dependents are ...

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