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    gator811's Avatar
    gator811 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 13, 2008, 03:34 PM
    IRS take my check
    Iowe the IRS money, and I'm thinking about taking a buyout for chrysler can they take my check
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Sep 13, 2008, 04:13 PM
    IRS can take money from your bank account. Can put lien on your house and property.
    It is always good idea to pay IRS as interest and penalty will keep the amount multiplying.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Sep 15, 2008, 10:52 AM
    Gator:

    If your buyout check exceeds $10,000, you can expect that the IRS will take notice and garnish it.
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