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Yes. If you are in the FMS offset refund tax program for any legal government debts it is possible for the FMS to get a part of or your entire refund amount.
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How Long will take for your tax refund if you owe?
Ahhhhh . . . you do not get a tax refund if you owe. You pay them.
What will happen if you file the current years taxes and owe for back taxes?
You will have to pay a fine. And pay all the money back that you owe.
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 the IRS can you still get refund?
Yes, but they will first deduct any amount you owe from what your refund would be.
If you owe the IRS can you still get a refund?
No not if you are in the FMS offset refund program and your expected refund amount is less than the amount that is owed to the IRS.
How Long will take for your tax refund if you owe?
Ahhhhh . . . you do not get a tax refund if you owe. You pay them.
What will happen if you file the current years taxes and owe for back taxes?
You will have to pay a fine. And pay all the money back that you owe.
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 the IRS can you still get refund?
Yes, but they will first deduct any amount you owe from what your refund would be.
When you pay more than you owe in taxes and the IRS gives you money backwhat is that money called?
A tax refund or tax rebate is a refund on taxes. When your tax liability (the amount of tax you owe) is less than the amount of taxes paid or taken out of your paycheck, the IRS will give you a tax refund once your return is filed.
You owe 6000.00 in taxes from 2007 and will get a refund of 3500.00 this year will you get to keep the refund?
If you still owe that money, your refund will probably just get deducted off your taxes.Read more >> Options >>http://www.answers.com?initiator=FFANS
Can a bondsman stop you from getting your refund if you owe him money?
no
If I owe back child support is it possible I will get my refund?
no
Can fed take my taxes if i owe state?
if i owe federal taxes will they take my state refund
Can they take your tax refund?
If by "they" you mean the government, then yes is the answer. Your refund will be held or taken from your account if you owe back taxes. Not only can your taxes be held, "they" can empty your account of any money you have earned if you owe the government money, and have not made any arrangements to pay.With few exceptions, such as a disability check, the governmentcan take your last dime if you are delinquent. Your rent, food, and other bills are not taken in to consideration. The only thing they cannot take is cash, because it is in your hands.
If you owe the IRS can you still get a refund?
No not if you are in the FMS offset refund program and your expected refund amount is less than the amount that is owed to the IRS.
If you do not owe the IRS will your refund been taken if you file bankruptcy?
It depends on the courts. I had a friend who went through bankruptcy and was owed a refund from the IRS. The trustee for the bankruptcy ordered her to turn over the refund to the courts to be paid out to creditors. So it could happen, but they cannot actually intercept or offset your refund. They will just order you to pay it to the trustee.
