0
Yes, a creditor can potentially take an IRS refund, but this usually depends on the nature of the debt. For example, if the debt is related to unpaid taxes, child support, or federal student loans, the IRS can offset the refund to satisfy those debts. However, for private creditors, they would typically need to obtain a court judgment to garnish the refund. It's important to consult with a legal professional for specific cases.
What else can I help you with?
If you already have a payment arrangement with the IRS will they take your refund?
Yes, if you already have a payment arrangement with the IRS but have a refund due, they will take the refund. If you have a balance due, they will apply your tax refund to this balance.
How long does it take to get a refund from the irs after you have filed?
21 Days
How long does it take to get your refund after CP05 letter?
After receiving a CP05 letter from the IRS, the refund process can take longer than usual. Typically, it may take about 45 days or more for the IRS to complete its review and issue the refund. However, processing times can vary based on individual circumstances and the complexity of the return. It's advisable to regularly check the status of your refund on the IRS website.
Can a collection agency take your IRS refund?
They won't get it from the IRS....except for something like child support.
Can the IRS take your refund even if you have a payment arrangement?
Yes, unfortunately.
Can a judgment take your tax refund?
AnswerThe IRS only seizes personal tax refunds when there are tax arrearages or court ordered child support arrearages.The IRS does not have the power to withhold personal tax refunds for creditor judgments.ACTUALLY THE IRS CAN HOLD YOUR REFUND FOR CREDITOR JUGDEMENT DEPENDING ON THE AMOUNT OF THE DEBT AND IF THE CREDITOR CONTACTED THEM THE YEAR BEFORE IT ALL DEPENDS ON THE TYPE OF CREDITOR
If you already have a payment arrangement with the IRS will they take your refund?
Yes, if you already have a payment arrangement with the IRS but have a refund due, they will take the refund. If you have a balance due, they will apply your tax refund to this balance.
Will the IRS take YOUR tax refund due to delinquent home loan?
No. The IRS doesn't take your tax refund unless you owe the government money, government insured student loan arrears or child support arrears. It does not collect money on behalf of banks. However, if you deposit your check in your bank account it can be frozen by a creditor and the funds taken.
Can the IRS take your refund if your being audited but no money is due yet?
No. The IRS can only offset your refund if they have already made an assessment against you.
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.
How long does it take to get a refund from the irs after you have filed?
21 Days
How long does it take to get your refund after CP05 letter?
After receiving a CP05 letter from the IRS, the refund process can take longer than usual. Typically, it may take about 45 days or more for the IRS to complete its review and issue the refund. However, processing times can vary based on individual circumstances and the complexity of the return. It's advisable to regularly check the status of your refund on the IRS website.
Can a collection agency take your IRS refund?
They won't get it from the IRS....except for something like child support.
What happens when your income tax refund is garnished for debt?
So you were expecting a tax refund from the IRS after you filed a tax return. Insteasd of getting your refund, the IRS sent you a letter saying that your refund was used (garnished) to satisfy your back tax debt. What is going on? This means that you have a back tax liablility with the IRS and the IRS will take your refund to satidfy that debt. If you got your refund check garnished and you were unaware you owed the IRS, you need to take care of this situation fast. The IRS can start enforced collections against you and go as far as garnishment of your pay and levy your bank accounts. You can find out more at wallysworldoftaxes.blogspot.com.
Can the IRS take your refund even if you have a payment arrangement?
Yes, unfortunately.
How long does it take the irs to take there money you owe them Will my tax refund be offset even though the irs process my tax return?
Yes if you owe the IRS money your tax refund will be offset, and usually if they are aware that you owe them money, they will offset it immediately.
What do you do if you received a duplicate federal refund?
You should contact your local IRS about this matter take the duplicate refund check with you.
