i have a judgment to pay for an old apartment that i once had..so far i am paying but have about $1800 to go can i still file my taxes and will i receive it...or will they put a hold on me reciveing the money...
2007-01-09 04:41:51 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
Neither the Federal Government nor the State government will take your refund (assuming you're getting one) unless it is money that you owe to the State or Federal government.
If you're paying that money to a private owner (landlord or building owner), then your taxes are yours, and yes, you definitely file the returns anyway.
2007-01-09 04:51:27 · answer #1 · answered by Anonymous · 1⤊ 1⤋
As far as being granted a refund goes, I believe the only reason that is ever withheld is when you owe back taxes. You can't put a preemptive lien on something.
But on the other hand a lien could be put on your bank account, so you could get your refund, put it in your bank account, and its locked up anyway to pay for the judgement.
This isn't automatic though, your creditor has to file for the lien, but I think its not very difficult if they already have a judgement.
2007-01-09 12:56:18 · answer #2 · answered by romulusnr 5 · 0⤊ 0⤋
If the judge ordered a gernishment then they'll probably hold that money back from you. You have to file every year anyway, so why worry either you'll get a return or you won't.
2007-01-09 12:51:35 · answer #3 · answered by Ricky J. 6 · 0⤊ 0⤋
If you have established payment arrangements with this creditor you should be OK. However, if you have not paid on the judgment they can garnish your wages and yes this does include any anticipated Tax returns.
2007-01-09 12:51:02 · answer #4 · answered by Jen G 3 · 0⤊ 1⤋