What is the name of your state? New York
This is complicated, so I'll be as direct as possible.
I have been an independent contractor for many years in the commercial art field, and owe a lot of back taxes. I've filed, but have not paid. I am currently in an "non-collectible" category according to the IRS, due to my extremely low income. I have no savings, own no home, no car and my credit is horrible. In other words, I have spent most of my adult life being irresponsible, and now that I would like to make amends and repair my past mistakes, and build myself a new life, I'm not able to do so for the following reasons...
I have multiple health issues (HIV+, heart attack, etc.) and my ability to work has decreased almost to a complete halt. I have been on a fixed income for a few years, paid for by an HIV program here in NYC. I am now in the process of applying for disability, which I am confident I will receive.
If I am approved for disability, I will probably receive a retroactive lump-sum payment which could amount to several thousand dollars.
Is that money subject to attachment by the IRS? If I put it into a bank account specifically earmarked for disability money, can the IRS go in and take it because of my back taxes if I can prove I have absolutely no other assets or income? Thanks for the help.
This is complicated, so I'll be as direct as possible.
I have been an independent contractor for many years in the commercial art field, and owe a lot of back taxes. I've filed, but have not paid. I am currently in an "non-collectible" category according to the IRS, due to my extremely low income. I have no savings, own no home, no car and my credit is horrible. In other words, I have spent most of my adult life being irresponsible, and now that I would like to make amends and repair my past mistakes, and build myself a new life, I'm not able to do so for the following reasons...
I have multiple health issues (HIV+, heart attack, etc.) and my ability to work has decreased almost to a complete halt. I have been on a fixed income for a few years, paid for by an HIV program here in NYC. I am now in the process of applying for disability, which I am confident I will receive.
If I am approved for disability, I will probably receive a retroactive lump-sum payment which could amount to several thousand dollars.
Is that money subject to attachment by the IRS? If I put it into a bank account specifically earmarked for disability money, can the IRS go in and take it because of my back taxes if I can prove I have absolutely no other assets or income? Thanks for the help.
