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Yes. Unreturned unemployment benefits overpayments may be deducted from your federal income tax refund.
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∙ 9y ago
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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 I fill out a FAFSA if I owe taxes?
You can, but if you get a refund from the school your attending based on State Laws it may be taken as part of payment to reduce the debt. (i.e child support etc.)
Why do you have tax topic 203 on your refund status if you don't owe any non-tax federal or state income taxes or child support?
Past--due child support, Federal agency non--tax debts, state income tax obligations or certain unemployment compensation debts owed a state (namely debts for compensation that was paid due to fraud or for contributions due to a state fund that were not paid due to fraud). You can contact the agency with which you have a debt, to determine if your debt was submitted for a tax refund offset. You may call FMS at the number below for an agency address and phone number. If your debt was submitted for offset, FMS will take as much of your refund as is needed to pay off the debt and send it to the agency you owe. Any portion of your refund remaining after offset will be issued in a check to you or direct deposited for you. FMS will send you a notice if an offset occurs. The notice will reflect the original refund amount, your offset amount, the agency receiving the payment, and the address and telephone number of the agency. FMS will notify the IRS of the amount taken from your refund. Contact the agency shown on the notice if you believe you do not owe the debt or you are disputing the amount taken from your refund. If a notice is not received contact FMS at 800--304--3107 or TDD 866--297--0517. The available hours are Monday through Friday 7:30AM to 5:00PM CT. Contact the IRS only if your original refund amount shown on the FMS offset notice differs from the refund amount shown on your tax return. Go to the IRS gov web site and use the search box for TOPIC 203.
What if you owe IRS but have a refund?
If you owe money to the IRS for prior years taxes, and you have a refund due to you on this year's taxes, the IRS will keep the refund and apply it towards the debt that you owe.
If you owe money to the VA for a gi bill debt will the govt take your tax return?
Yes. Last year, I dropped a class that I had taken after getting one payment. The VA took that money back when my refund came back. It will also slow up your refund by a week or so.
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)
If my debt is only in my name and I file chapter 7 in Georgia would my refund be taken if I file my tax return jointly with my husband?
If you filed a Chapter 7 and it has been discharged your tax refund will not be taken. It will only be taken if you have filed a Chapter 13 and that is entirely up to the Trustee.
Can your tax refund be taken to pay unemployment?
The President has signed H.R. 2608, The SSI Extension for Elderly and Disabled Refugees Act, into law. The legislation amends IRC §6402 to allow the IRS to offset an individual's federal income tax overpayment by any amount owed to a State for a "covered unemployment compensation debt." The latter term is defined as a past-due debt (including penalties and interest) for erroneous payment of State unemployment compensation due to fraud which has become final under State law and remains uncollected for not more than 10 years. The offset cannot be made before the IRS applies overpayments to: (i) any other debt that the taxpayer has with the IRS, (ii) past-due child support obligations, or (iii) any past-due legally enforceable debt owed to a federal agency. For an offset to take place, the State address on the Federal return for the taxable year of the overpayment must be in the State that is seeking the offset. States must allow individuals at least 60 days notice to present evidence that all or part of the State tax liability is not legally enforceable, or is due to fraud, before beginning proceedings to collect the debt.
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.
Irs Phone number to see if your taxes will be withheld for student loans?
I don't know of a phone number that you can call to see if your tax refund will be taken or partially taken for debts such as you mentioned here. The IRS is not the agency that handles this action, it is the Department of the Treasury, but a different department with the Treasury Department. If you have a debt of this type that is listed as delinquent, the odds are that funds will be taken for these debts. Also, if you have a debt of this type you will already know about it. Letters are mailed to people many times who have these debts and whether or not your refund is taken, look at it as a way to get the debt paid. Once debts are paid in full you will no longer have to worry about your refund going toward delinquent debts owed to a Government Agency.
If your wages have been garnished can they withhold your federal tax return?
Tax refunds can be taken to pay what is called tax liens or offsets. If you owe any unpaid debt to a State or Federal Government Agency then yes, your tax refund will be taken to apply to this debt. Most common item that result in offsets are Defaulted Student Loans, Overpayment of Social Security Benefits, Overpayments of Food Stamps or other social assistance programs, Debt of prior income tax for state or federal taxes, and other government debts that you have with a federal or state agency.
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.
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.
What happens if i don't pay a SSA overpayment back?
They will garnish your future SSA payments until the debt is paid back.
Can I fill out a FAFSA if I owe taxes?
You can, but if you get a refund from the school your attending based on State Laws it may be taken as part of payment to reduce the debt. (i.e child support etc.)
What should you file after bank seized your join Fedincome tax refund?
If you believe that the seizure was due to your spouse's debt only and should not be taken from your portion of the tax refund you can file an "Injured Spouse Form" which is form number 8379. The IRS will determine how much of the refund was yours based on your incomes and then return the portion due to you.
Why do you have tax topic 203 on your refund status if you don't owe any non-tax federal or state income taxes or child support?
Past--due child support, Federal agency non--tax debts, state income tax obligations or certain unemployment compensation debts owed a state (namely debts for compensation that was paid due to fraud or for contributions due to a state fund that were not paid due to fraud). You can contact the agency with which you have a debt, to determine if your debt was submitted for a tax refund offset. You may call FMS at the number below for an agency address and phone number. If your debt was submitted for offset, FMS will take as much of your refund as is needed to pay off the debt and send it to the agency you owe. Any portion of your refund remaining after offset will be issued in a check to you or direct deposited for you. FMS will send you a notice if an offset occurs. The notice will reflect the original refund amount, your offset amount, the agency receiving the payment, and the address and telephone number of the agency. FMS will notify the IRS of the amount taken from your refund. Contact the agency shown on the notice if you believe you do not owe the debt or you are disputing the amount taken from your refund. If a notice is not received contact FMS at 800--304--3107 or TDD 866--297--0517. The available hours are Monday through Friday 7:30AM to 5:00PM CT. Contact the IRS only if your original refund amount shown on the FMS offset notice differs from the refund amount shown on your tax return. Go to the IRS gov web site and use the search box for TOPIC 203.
