A really bad point.
You're a peasant - get used to it:
The elderly and others who receive Social Security benefits are not immune to owing taxes or, when subject to penalties for nonpayment, from suffering tax liens. Although government benefits are intended to help those in need or to provide senior citizen support, the government still attempts to recover any owed taxes. A tax lien can be a rude surprise to those on Social Security and a fixed income.
http://www.ehow.com/about_6515155_tax-liens-social-security.html
They had to pass it to see how far up your @ss it would go... LOL! :)
The IRS is limited in how much it's allowed to take. The agency can deduct up to 15 percent of benefits due from the SSA per month. Exceptions of SSA benefits that can't be taken include children's benefits or benefits already being impacted by the SSA recovering its own overpayments first; the 15 percent cap is per person. So, two people who are married and both receiving Social Security benefits could lose a total of 30 percent of their combined benefits to the lien.
The IRS will not notify the debtor each month when it takes SSA benefits. Instead, an automatic deduction of benefits paid will occur until the lien and related tax levy are fully paid to the satisfaction of the IRS. This authority is specified in the Internal Revenue Code Section?6331(h)...
Correct me if I am wrong, but I also believe that the rule that they can only collect from refunds applies only to the fee/tax for not having insurance in the first place.
The overpayment of a subsidy doesn’t fall into that category and is therefore recoverable by all the usual gestapo tactics the IRS has to employ.
But this is Obamacare and has different rules. They'll get it one way or another.
They just can't freeze your accounts or slap a lien on your house like they can for unpaid taxes.
But they can decide to audit you, and if you haven't paid it, you will at that point, however many years they want to go back.
That's why they hired 16,000 more auditors.