0
If you are on unemployment in 2010 can IRS take my tax refund to pay off student loan debt?
Wiki User
∙ 14y ago
Very possible if you are in FMS offset of refund tax program.
Go to the IRS gov web site and in the middle of page where the picture is they have some page numbers 1 to 5 choose page number 4 for the below information
Help Is Available
New options, outreach assists those facing financial difficulties.
For Unemployed Taxpayers
Web page has info on topics for those facing financial difficulties.
What If...?
Having financial problems? Here are answers to a few tough questions.
IRS Outlines Additional Steps to Assist Unemployed Taxpayers and Others
Tax Center to Assist Unemployed Taxpayers
The "What Ifs" of an Economic Downturn
Click on the below related link
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Can overpayment unemployment debt be taken in tax refund?
Yes. Unreturned unemployment benefits overpayments may be deducted from your federal income tax refund.
Can the IRS take you tax refund if you have a defered student loan?
If it is in deferred status, they will probably not take your tax refund. If your student loan is delinquent, then they will be seize your refund and put it toward your debt.
How much can the IRS take out of a refund for a student loan payment?
If you are delinquent in your student loans to the point where your refunds are being intercepted, they can take the entire refund until the debt is satisfied.
Can a privately owned entity seize your tax refund to satisfy a debt?
No. Only the IRS can keep your federal income tax refund, and only for unpaid child support or alimony, unpaid federal or state taxes, student loans in default, and any unpaid federal or government debt.
Can a landlord take from your tax refund?
No. The IRS will take an income tax refund for back federal or state taxes, unpaid child support or alimony, student loans in default, and any unpaid federal or government debt.
What are reasons IRS can take your refund?
The main ones are to offset a debt to a gi=overnment for taxes or something else,child support, and student loans not paid.
Can IRS take your refund for court ordered debt?
Yes, the IRS is entitled to dock a refund for a variety of things, including court ordered debt.
Can military star card intercept your tax refund?
yes; it is considered federal debt and federal debt can be and probably will be taken from your refund (if it is in a collection status)
How can creditors size a tax refund check one year after filing chapter 7 bankruptcy?
The answer depends on who the creditor is and the status of the debt. If the debt was a student loan or other non-dischargable debt, then your tax refund can be taken. If the debt WAS discharged, ANY collection action of any kind on a discharged debt is a violation of the permanent injunction of the discharge and therefore illegal. If the creditor was not included on the creditor matrix, then informing them of the bankruptcy and discharge of the debt may be all that is necessary to have the refund returned to you. In other cases it may be necessary to file a Motion for Contempt against the creditor in bankruptcy court. This would require the re-opening of the bankruptcy.
Can the state hold your federal income tax if you owe money to unenployment?
Not usally, but however if the state has requested that your Federal refund be used to offset your debt it can be done. Not often does this happen. The state will certainly use your state refund to pay the debt if the unemployment agency has request they do so. If you are still unsure and want to find out for sure call FMS at 1-800-304-3107, caution if they do not have you in their system to hold part of your refund... by calling them it will expedit the process.
Can the Treasury Dept offset a joint married tax refund if it is your default student loan and not the wifes. Your debt was pre-marriage?
Yes. If you are worried about it, I'd file Married Filing Separately until you get the student loan issues cleared up.
Can a company that one has a deliquent account with garnish that individual's federal income tax refund?
Private companies are not allowed that priviledge. Back child support on court order, federally backed student loans, IRS debt, and overpaid Social Security will take your refund.
