answersLogoWhite

0

FMS or Financial Management Services is a Federal offset program. When your tax return is sent to the IRS and is by them it is possible that your return maybe offset by FMS. Usually it is for past due child support, alimony, students loan or and kind of federal debt.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Accounting
Related Questions

How do you find out how much you owe the IRS?

You should be able to get this information from your local IRS office. Or if you are in the FMS offset refund program maybe by using the below information. FMS can be reached at 800-304-3107.


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 do you find out how much you owe IRS online?

NO WAY that you can do this online. Go to the IRS gov website and look at top right side of the page above the search box and choose Contact IRS. Or if you are in the FMS offset refund program maybe by using the below information FMS can be reached at 800-304-3107.


When can a student loan be collected from tax refunds?

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.For additional information, FMS can be reached at 800--304--3107.Go to the IRS gov website and use the search box for Topic 203


Can IRS garnish tax refund for state taxes owed?

Yes if you are in the FMS offset refund tax program.


Will the IRS garnish my return this year?

If they have a reason to this could be possible but it will NOT be the IRS.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 the IRS gov website and use the search box for Topic 203 - Failure to Pay Child Support, Federal Non Tax and State Income Tax ObligationsFor additional information, FMS can be reached at 800-304-3107.


Can a collector take my tax return for a garnishment non IRS related?

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.For additional information, FMS can be reached at 800--304--3107.Go to the IRS gov website and use the search box for. Topic 203 - Failure to Pay Child Support, Federal Non--Tax and State Income Tax Obligations


What is the phone number for the IRS when you owe money for back taxes?

If this is about the income tax refund offset program through the FMS. You can use the below enclosed information and phone number.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 the IRS gov website and use the search box for Topic 203 - Failure to Pay Child Support, Federal Non Tax and State Income Tax ObligationsFor additional information, FMS can be reached at 800-304-3107.


What is FMS offset refund tax program?

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 the IRS gov web site and use the search box for Topic 203 - Failure to Pay Child Support, Federal Non Tax and State Income Tax Obligations


You e-filed on February 1st when will you get your taxes?

8 to 15 days, providing you do not owe any debt to the IRS or FMS


What is reference number 1242 mean with the IRS?

With the IRS, the reference number 1242 means that the IRS put a freeze on your account. This typically occurs when they are waiting for additional information from you.


Can they garnish my tax income check?

If this is about the income tax refund offset program through the FMS. You can use the below enclosed information and phone number.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 the IRS gov website and use the search box for Topic 203 - Failure to Pay Child Support, Federal Non Tax and State Income Tax ObligationsFor additional information, FMS can be reached at 800-304-3107.