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Who can take your taxes if you owe money?

Updated: 9/17/2023
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Washington136

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14y ago

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The Department of Treasury's Financial Management Service (FMS), which issues IRS tax refunds, has been authorized by Congress to conduct the Treasury Offset Program. Through this program, your refund or overpayment may be reduced by FMS and offset to pay any past due child support, Federal agency non tax debts, or state income tax obligations.

Go to www.irs.gov and use the search box for Topic 203 - Failure to Pay Child Support, Federal Non Tax and State Income Tax Obligations

http://www.irs.gov/taxtopics/tc203.html

For additional information, FMS can be reached at 800-304-3107.

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What if you have no money to pay your taxes?

You are legally required to pay taxes. Taxes are only due on money you have earned therefore if you owe taxes you have had the money. If you do not pay the taxes you owe you will be sent to court and made to pay - even if you go to prison you will still owe the tax man.


Can fed take my taxes if i owe state?

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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.


Can a tax chart help you to figure out how much money you owe in taxes?

Yes, a tax chart help you to figure out how much money you owe in taxes. You can find a tax chart online.


If you owe taxes cant they just take out of your next year taxes?

No, the IRS doesn't like to wait for their money. It's pay up or go to prison, sorry!


What happens when a company don't take the right amount of taxes out of your check and in so you owe the federal money?

Ultimately the employee is responsible for setting and monitoring the amount of taxes taken out of a check. Whether the taxes were taken out over the whole year or not, you still owe the government the same amount of money come tax time.


If you didnt owe money for 2007 but you did owe for past years will you still get a check?

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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.


Can a bank take you to court if you owe money?

Yes, you can be sued if you owe money.