no why u guyz r so scared of income tax
No.
You will receive a judgment from the creditor a year before they intercept only your state income tax. The judgment will say income tax intercept on it. A federal agency can intercept your federal taxes also.
No. The entire refund is subject to intercept.
Yes - the refund is an asset - which the card company can use to offset your debt !
ask a judge
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
Yes, the IRS can intercept your tax refund for back taxes owed; also if you have government student loans that you owe on and also the child support division can intercept you refund for back child support owed.
In the U.S., your federal income tax refund does not count as taxable income for the next year. If you receive a refund from your state, and you itemized your deductions on the federal return, then the state refund will count as income on your federal return. (If you didn't itemize, then your state refund won't count as income.)
Yes, States can intercept your refund via the Treasury Offset Program.
No. Other government agencies can offset your IRS refund through the Treasury Offset Program, but a private entity (like a bank) cannot.
No
No