Just about anyone. It's not a particularly special type of asset. It isn't tax. It's an overpayment or overdeposit into an account that has you tax payments.
And consider - you seem to appreciate that much of your salary could be subject to being taken (garnishment) one way or another. The amount withheld for taxes is completely controlled by you, in how you fill out your W-4. You could have all of you pay withheld and sent to the IRS for estimated taxes. (Interestingly, some actually do this, when say the spouse makes money independently, so no withholding, and they need to have more paid in by years end). But, if you had all of your money withheld for taxes, it wouldn't be available to pay the creditors....and once you determine that your actual tax is much less, so you get a refund, you think you should be able to get it returned and still keep it away from those you kept it from?
Generally the only ones you have to worry about intercepting a refund are State/Gov't debts, but you filed jointly so all debts are joint in many states.
Yes they can! They will offset your federal return if you do not address any debts from that state.
1 day
How long for state tax return
You can obtain copies of your tax return by contacting the Canada Revenue Agency. It will usually take approximately a month for you to get a copy of your tax return in the mail.
Tax returns have nothing to do with your debts unless you own in taxes to the Government.
Generally the only ones you have to worry about intercepting a refund are State/Gov't debts, but you filed jointly so all debts are joint in many states.
It can take your tax refund.It can take your tax refund.It can take your tax refund.It can take your tax refund.
When deciding what to do with your tax return, consider saving some, paying off debts, investing in your future, or treating yourself to something special. It's important to make a plan that aligns with your financial goals and priorities.
Yes they can! They will offset your federal return if you do not address any debts from that state.
1 day
How long for state tax return
No, as of 2018, the personal exemption has been suspended, so you can only take the standard deduction on your tax return.
You can obtain copies of your tax return by contacting the Canada Revenue Agency. It will usually take approximately a month for you to get a copy of your tax return in the mail.
Yes
Sure.
Let the tax preparer know and then forget about it. This is the sort of thing that you paid your tax preparer to handle for you. If the IRS sends the return back to be signed, take care of it then.