I owe income axes for 2003 and 2006. I also have a federal court-ordered restitution from 2009. I have heard that until the restitution is paid in full, the IRS cannot collect the taxes. Is this true?
Answer
Probably not true. A review of your specific facts and circumstances would be needed to provide a better answer. Basically, IRS can collect from any assets or sources of income that are not exempt under law from levy.
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