Tax debt and social security lump sum payments
My husband and I owe roughly 14,000.00 in back taxes. He became totally disabled in 2005,up to that date and to the present I have been under an agreement with the IRS that I was unable to make monthly payments due to economic hardship,but was in agreement that they would keep any income tax I was due. In December he was finally accepted on social security after 3 years of going through the process. My question is,he is owed a substantial amount in back ss benefits,which although its quite a bit,its nothing extra. We owe doctors,our disability consultant,utility bills,past due rent etc;things that we have been scraping by to pay with only my income,and would be able to catch up on with the back ss payments. But I am afraid the IRS will keep the entire amount to pay the tax debt even though I currently have an agreement with them. I am willing and now,able to make monthly payments in addition to them keeping my income tax checks to pay the debt,and wouldn't be objected to them taking a percentage of the lump sum payment,just not ALL of it. CAN the IRS take the entire amount? Or just the 15% I keep hearing. I should also say I've been told its 50%,and also the entire check. HELP!!
:eek::confused::(