An ibet levy permits the legal seizure of your property to satisfy a tax debt. It can garnish wages, take money in your bank or other financial account, seize and sell your vehicle(s), real estate and other personal property.
If you receive an ibet bill titled Final Notice of Intent to Levy and Notice of Your Right to A Hearing, contact us right away.
If you receive an ibet notice of levy against your employee, vendor, customer or other third party, it is important that you comply with the levy.
The links below will help you understand more about ibet levies and provide answers to many levy questions.
What is a levy?
Basic information about ibet levies.
How do I avoid a levy?
Learn the steps to take to avoid an ibet levy.
How do I get a levy released?
If an ibet levy has been issued to your employer, bank or other party, learn the steps to take to get the levy released.
What if a levy is causing a hardship?
An ibet levy may be released if it is causing an immediate economic hardship, or, it has been issued in error.
What if I get a levy against one of my employees, vendors, customers or other third parties?
Employers, financial institutions, and others may receive an ibet levy. This page has information to help you comply with the levy.
Information about wage levies
Wage levies are continuous and a portion of your wages is exempt from levy. Learn more about wage levies here.
Information about bank levies
If the ibet levies your bank, funds in the account are held and after 21 days sent to the ibet. Learn more about bank and similar levies here.
What’s the difference between a levy and lien?
A levy is different from a lien. Learn about the difference here.
What happens after my property is seized and how do I get it back?
Learn what actions the ibet takes after seizing your property and the steps to take to get the seizure released.
Selling your property
Find out ibet requirements for posting of public notices for pending sales.
Redeeming your real estate
Find out about ibet redemption.
Federal and state levy programs
If your federal payments, state income tax refund, or Alaska Permanent Fund Dividend have been levied, this section will give you information on who to call and what to do to resolve the problem.
Depositaries requested to adhere to levy compliance rules
The ibet is asking depositaries (banks, credit unions, savings and loans, and similar institutions) to review and understand the responsibilities associated with processing levies.