Can IRS take money from my credit cards?
Credit Score
Can the IRS take money of my credit cards as a levy? I don’t mean can I pay them with my credit card — I know I can. My concern is can IRS contact my creditors and just take money of my cards and then leave me hanging with the outrageous cash advance fees? I “heard from a friend” that the IRS can intercept credit card payments for a levy as well. Any truth?
Tags: can irs take money from credit accounts, Cards, Credit, credit card payments, Irs, Money, Mortgages
No, that cannot happen. Your “friend” is wrong.
The IRS can attach your wages or levy bank accounts and investment accounts but they cannot borrow money in your name from credit accounts.
Note to Trolls: Thanks for the Thumbs Down ratings!
I agree with Bostonian. The IRS cannot do this.
We still live in a “free” country. The IRS does not have the power to charge your credit cards without your permission.
Good question.
No, because that isn’t your money, that would be like the IRS took a loan out for you.
The IRS has the power to garnish wages.
Not true
no they will just hold your refunds until the amount is paid of all offsets owed
IRS levy power gives it the right to seize your assets. It does not give it the right to make you take a loan.
Beware of the “expertise” of friends.