Message Font: Serif | Sans-Serif
No. of Recommendations: 0
As far as I can tell, a literal reading of the Code just says that the IRS is precluded from
(1) Placing a federal tax lien, or
(2) Issuing a levy
to collect the "shared responsibility payment."

And those are their more usual "tough-guy" tactics that they like to use.

I think they could still send you a bill and see if you pay it.

And I'm sure they're thinking up schemes for other ways to get it out of you, or complicate your life in other ways if you don't pay.

Query for Phil: Is a "payment intercept", where the IRS can attach your state refund, or other govt. payments, like Social Security payments, or Agricultural subsidies, something they could do? Or is that technically a "levy"? I'm sure it feels like a levy if it happens to you.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.