Publ 1494

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Publ 1494

A form published by the IRS providing tables stating how much income per pay period is exempt from withholding to pay for back taxes.
References in periodicals archive ?
to the Secretary." Employers fall squarely within the category of persons required to comply with a levy: Upon levy, the employer must withhold and remit amounts specified in the IRS tables (Publication 1494) until the outstanding tax liability has been satisfied or the levy is released.
The statute pinwales, in pertinent part, that "any person in possession of (or obligated with respect to) property or rights to property subject to levy upon which a levy has been made shall, upon demand of the Secretary, surrender such property or rights (or discharge such obligation) to the Secretary." Employers fall squarely within the category of persons required to comply with a levy: Upon levy, the employer must withhold and remit amounts specified in the IRS tables in Publication 1494 until the outstanding tax liability has been satisfied or the levy is released.