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Iam paying on my student loan can the government still take all of my return?
Wiki User
∙ 14y ago
No, even if you don't make your payments the government will not take your returns
Wiki User
∙ 14y ago
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If you are paying back your student loan can the government still withhold your income tax return?
In the USA, if you are paying the required minimum monthly payment each month and your loans are not in default, then NO the government can not keep your tax return. If you are repaying your loans while in a default status, then YES the government can keep your return. If you need help getting your loans out of default and off the tax offset list, then click on my username, Studentloaner, below.
If one fails a class and is still a full-time student does that person have to start paying back their student loan?
If you are still a full time student you can defer all payments until graduation
Will paying of a student loan improve credit score?
Yes. But if you were in arrears, that still shows.
I filed bankrupty under Chapter 13. My student loan is included in the Chapter 13 and I am paying on it. Can I still apply for another student loan?
Only if you have the courts permission
What age do you stop paying taxes and still work?
You can be over 100 years of age and could still meet the requirements of having to file an income tax return. Age does not have anything to do with the requirement to have to file an income tax return.
If You are a parent in college do you still have to pay child support?
Student status will not exempt you from paying support. However, support is based on a percentage of net income.
If you have reached your aggregate student loan limit and have consolidated your loans can you take out more money from the government?
No. Federal consolidation loans are still insured by the federal government, still show in the NSLDS, and still count toward the limit.
What is the maximum income a full time student can earn and still be taken as a dependent on a federal income tax return?
If the student is under 24 at the end of the year or is totally and permanently disabled, there is no limit. But the student must not provide more than half of his/her own support. Money deposited in a savings account (for example) does not count as support. Otherwise, the student's gross income cannot exceed $3500 and the taxpayer claiming the student on their return must provide at least half of the student's support.
Do you still have to repay your student loan if you are unable to get employed?
In the US, you are still on the hook for the repayment of the loans, but you can apply for an unemployment deferment from your lender. With the deferment you can stop paying on your loans for up to 3 years. The interest on the unsubsidized stafford loans still accrues though.
Do first time house buyers still get a tax credit from the government on their federal income tax return?
First time house buyers do still get a tax credit from the government on their federal income tax return. This is a very nice tax credit that helps thousands of new home buyers every year.
Will dentistry still be a high paying job in the future?
Definitely It will be still a high paying job. It's a all-time high paying job.
If your 55 years old are you exempt from paying taxes on pension?
No. You can be over 100 years of age and could still meet the requirements of having to file an income tax return. Age does not have anything to do with the requirement to have to file an income tax return.
