Internal Revenue Bulletin: 2005-52 |
December 27, 2005 |
| 1. | Table for Figuring Amount Exempt From Levy on Wages, Salary, and Other Income (Forms 668-W(c), 668-W(c)(DO)) and 668-W(ICS) 2006 |
| Publication 1494, shown below, provides tables that show the amount of an individual’s income that is exempt from a notice of levy used to collect delinquent tax in 2006. | |
| (Amounts are for each pay period.) | |
| Filing Status: Single | |||||||
|---|---|---|---|---|---|---|---|
| Number of Exemptions Claimed on Statement | |||||||
| Pay Period | 1 | 2 | 3 | 4 | 5 | 6 | More than 6 |
| Daily | 32.50 | 45.19 | 57.88 | 70.58 | 83.27 | 95.96 | 19.81 plus 12.69 for each exemption |
| Weekly | 162.50 | 225.96 | 289.42 | 352.88 | 416.35 | 479.81 | 99.04 plus 63.46 for each exemption |
| Biweekly | 325.00 | 451.92 | 578.85 | 705.77 | 832.69 | 959.62 | 198.08 plus 126.92 for each exemption |
| Semi- monthly | 352.08 | 489.58 | 627.08 | 764.58 | 902.08 | 1039.58 | 214.58 plus 137.50 for each exemption |
| Monthly | 704.17 | 979.17 | 1254.17 | 1529.17 | 1804.17 | 2079.17 | 429.17 plus 275.00 for each exemption |
| Filing Status: Unmarried Head of Household | |||||||
|---|---|---|---|---|---|---|---|
| Number of Exemptions Claimed on Statement | |||||||
| Pay Period | 1 | 2 | 3 | 4 | 5 | 6 | More than 6 |
| Daily | 41.73 | 54.42 | 67.12 | 79.81 | 92.50 | 105.19 | 29.04 plus 12.69 for each exemption |
| Weekly | 208.65 | 272.12 | 335.58 | 399.04 | 462.50 | 525.96 | 145.19 plus 63.46 for each exemption |
| Biweekly | 417.31 | 544.23 | 671.15 | 798.08 | 925.00 | 1051.92 | 290.39 plus 126.92 for each exemption |
| Semi- monthly | 452.08 | 589.58 | 727.08 | 864.58 | 1002.08 | 1139.58 | 314.58 plus 137.50 for each exemption |
| Monthly | 904.17 | 1179.17 | 1454.17 | 1729.17 | 2004.17 | 2279.17 | 629.17 plus 275.00 for each exemption |
| Filing Status: Married Filing Joint Return (and Qualifying Widow(er)s) | |||||||
|---|---|---|---|---|---|---|---|
| Number of Exemptions Claimed on Statement | |||||||
| Pay Period | 1 | 2 | 3 | 4 | 5 | 6 | More than 6 |
| Daily | 52.31 | 65.00 | 77.69 | 90.38 | 103.08 | 115.77 | 39.62 plus 12.31 for each exemption |
| Weekly | 261.54 | 325.00 | 388.46 | 451.92 | 515.38 | 578.85 | 198.08 plus 63.46 for each exemption |
| Biweekly | 523.08 | 650.00 | 776.92 | 903.85 | 1030.77 | 1157.69 | 396.15 plus 126.92 for each exemption |
| Semi- monthly | 566.67 | 704.17 | 841.67 | 979.17 | 1116.67 | 1254.17 | 429.17 plus 137.50 for each exemption |
| Monthly | 1133.33 | 1408.33 | 1683.33 | 1958.33 | 2233.33 | 2508.33 | 858.33 plus 275.00 for each exemption |
| Filing Status: Married Filing Separate Return | |||||||
|---|---|---|---|---|---|---|---|
| Number of Exemptions Claimed on Statement | |||||||
| Pay Period | 1 | 2 | 3 | 4 | 5 | 6 | More than 6 |
| Daily | 32.50 | 45.19 | 57.88 | 70.58 | 83.27 | 95.96 | 19.81 plus 12.69 for each exemption |
| Weekly | 162.50 | 225.96 | 289.42 | 352.88 | 416.35 | 479.81 | 99.04 plus 63.46 for each exemption |
| Biweekly | 325.00 | 451.92 | 578.85 | 705.77 | 832.69 | 959.62 | 198.08 plus 126.92 for each exemption |
| Semi- monthly | 352.08 | 489.58 | 627.08 | 764.58 | 902.08 | 1039.58 | 214.58 plus 137.50 for each exemption |
| Monthly | 704.17 | 979.17 | 1254.17 | 1529.17 | 1804.17 | 2079.17 | 429.17 plus 275.00 for each exemption |
| 2. | Table for Figuring Additional Exempt Amount for Taxpayers at Least 65 Years Old and/or Blind |
| Additional Exempt Amount |
| Filing Status | * | Daily | Wkly | Bi-Wkly | Semi-Mo | Monthly |
|---|---|---|---|---|---|---|
| Single or Head of Household | 1 | 4.81 | 24.04 | 48.08 | 52.08 | 104.17 |
| 2 | 9.62 | 48.08 | 96.15 | 104.17 | 208.33 | |
| Any Other Filing Status | 1 | 3.85 | 19.23 | 38.46 | 41.67 | 83.33 |
| 2 | 7.69 | 38.46 | 76.92 | 83.33 | 166.67 | |
| 3 | 11.54 | 57.69 | 115.38 | 125.00 | 250.00 | |
| 4 | 15.38 | 76.92 | 153.85 | 166.67 | 333.33 |
| * ADDITIONAL STANDARD DEDUCTION claimed on Parts 3, 4, & 5 of levy. |
| Examples | |
|---|---|
| These tables show the amount exempt from a levy on wages, salary, and other income. For example: | |
| 1. | A single taxpayer who is paid weekly and claims three exemptions (including one for the taxpayer) has $289.42 exempt from levy. |
| 2. | If the taxpayer in number 1 is over 65 and writes 1 in the ADDITIONAL STANDARD DEDUCTION space on Parts 3, 4, & 5 of the levy, $313.46 is exempt from this levy ($289.42 plus $24.04). |
| 3. | A taxpayer who is married, files jointly, is paid bi-weekly, and claims two exemptions (including one for the taxpayer) has $650.00 exempt from levy. |
| 4. | If the taxpayer in number 3 is over 65 and has a spouse who is blind, this taxpayer should write 2 in the ADDITIONAL STANDARD DEDUCTION space on Parts 3, 4, & 5 of the levy. Then, $726.92 is exempt from this levy ($650.00 plus $76.92). |
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