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Will they take your federal tax return if you owe a school loan?
Wiki User
∙ 15y ago
If the loan had a government guarantee or insured aspect, and your in collection status, yes.
Wiki User
∙ 15y ago
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A student loan has been in default will collection agency still garnish tax return?
If it was a federal student loan, then yes, the collections agency could take your income tax return money. If it was a non-federal loan, then they would not be able. Secondly, federal student loans are can not be discharged, the US always gets paid even when laws are created for private businesses that disallow the same right of collections.
Do all states take state tax refunds if a student loan is defaulted?
Actually this is a federal issue. Depends what stage of the default u r at. The irs will put a federal intercept on ur federal return. There is a toll free # u can call to see if there is a intercept on ur fed return. Usually the state return is taken if u owe ur state $
Can the state take your federal student loan money?
The state should not usually be able to take your federal student loan money. However, there might be some particular details that will cause them to take it.
Can your state refund be taken by a federal loan?
yes they can take it for that
Can your student loan take your federal tax refund?
YES
Does your school have to contact you before using your federal tax return as payment on your loan?
If your loan is in default the Feds will take your refund. The Feds will send you a letter.
If you owe a school money can they take it from your tax return?
YesNO THEY CAN'T, SUPERTACO ~If your school debt has been sent to their collections department they can and sometimes will take your state refund. They don't usually take your federal though. A school can't take your return...but if as some here before, you are confused by the difference, and you have a loan (maybe arranged through the school), that is guranteed or insured under a federal program, then the IRS can and does send refunds to the lender.
If you take out a student loan or get a federal loan for school can child support take that money or some of that money?
nosee link
A student loan has been in default will collection agency still garnish tax return?
If it was a federal student loan, then yes, the collections agency could take your income tax return money. If it was a non-federal loan, then they would not be able. Secondly, federal student loans are can not be discharged, the US always gets paid even when laws are created for private businesses that disallow the same right of collections.
Can a bank take you federal return without court action?
Can a bank take your federal return without court action
Do all states take state tax refunds if a student loan is defaulted?
Actually this is a federal issue. Depends what stage of the default u r at. The irs will put a federal intercept on ur federal return. There is a toll free # u can call to see if there is a intercept on ur fed return. Usually the state return is taken if u owe ur state $
Can the state take your federal student loan money?
The state should not usually be able to take your federal student loan money. However, there might be some particular details that will cause them to take it.
Can your state refund be taken by a federal loan?
yes they can take it for that
Can your student loan take your federal tax refund?
YES
Is there any resources to consolidate school loans online?
A Federal Consolidation loan is a repayment option for student loan borrowers. It is designed to make education loan repayment easier by combining existing eligible federal education loans into one new loan with a fixed interest rate and a lower monthly payment. Consolidation is a bit of a misnomer because a single loan can be "consolidated" to take advantage of better loan terms.
What happens if you have a state garnishment from you job that you are paying and you file your taxes Do the just take the state taxes or do they take your federal taxes if you are in a poverty level?
It depends on what is owed. For instance if you owe back child support they will take what is owed in arrears out of your federal return. This can also happen with a government school loan that is in default and other government debts. However, if you are married filing jointly then there is a form the spouse can file with your tax return that allows the spouse to receive his or her portion of the refund. It is called an injured spouse claim.
If you owe Maryland taxes can they take your federal return?
Yes they can! They will offset your federal return if you do not address any debts from that state.
