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AylinAbner

What can be done if someone else?s bank account was levied for my taxes?

A bank levy is sometimes imposed on someone else?s account which was actually meant for your bank account and was imposed on you because you had not paid the taxes on time. This is when a person has signed someone else?s bank account statement in order to help them pay their taxes. It can be any immediate family member like an elderly mom or dad. This may cause an IRS problem and the bank account holder should be ready to explain why the funds in the bank account belong to them and not the one who has signed the bank statement.

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