I believe that any tax refund to which you think you may be entitled was diverted to pay down the debt of your student loan obligations. Your federal income tax will be applied to any federal student loans that are in default.
The only way to stop garnishment is to enter into a repayment agreement with your loan holder and make payments for 6 months. Your state income tax is not garnished. The refund is applied to the interest owed so your principal balance never actually decreases. You can change your W2 status so that less taxes are taken from your paycheck. But be careful to ensure that enough taxes are taken out to pay your tax deduction or you may have to pay at tax time. If you're single with a standard deduction you usually pay $2,500 in taxes (check IRS tax tables). Once you have paid that much in taxes, change your W2 status so you take home more pay. Then you won't get a tax refund to be garnished. you got your money as pay.
Not out of your taxes but they will take it from your tax refund. If you are on time with your payments and are not in default, they will not take your refund. The only way this will happen is if you are in default, then a lien will be placed on your tax refunds.
Yes, if you are in a Default Status for your Federally Guaranteed student loans, then your tax refund will be withheld. It does not matter that you are voluntarily repaying. The default status is the only thing that matters.If you need help getting out of default, or getting a garnishment lifted, then contact Default Management Services, Inc. for help. You can Google the name for a phone #. Ask for Doug, he is knowledgeable.
Sure can and so can your tax refund go to the loans.
In the U.S., the answer is Yes if you file jointly. I assume your wife's loans are in default. If she needs help getting out of default, contact Default Management Services.
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.
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An IRS refund can be seized for child support arrearages and/or tax arrearages. And in some cases for repayment of federally funded student loans.
It can take your tax refund.It can take your tax refund.It can take your tax refund.It can take your tax refund.
If your student loans are being garnished, you can count on your name being on the tax offset list, meaning that they will apply your refund amount to your loan repayment.If you need help getting out of default, or getting a garnishment lifted, then contact Default Management Services, Inc. for help. You can Google the name for a phone #. Ask for Doug, he is knowledgeable.
For information concerning tax refund loans, I suggest using the following site: http://www.taxrefundadvancecash.com/tax-refund-loans/ . I find it answers most common questions thoroughly.
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.