2007-01-25 07:41:21 · 13 answers · asked by oakboy8 1 in Business & Finance ➔ Taxes ➔ United States
If you are single and work for a living.
2007-01-25 07:55:39 · answer #1 · answered by Land Warrior 4 · 1⤊ 1⤋
Back taxes - Federal or State
Defaulted Student Loans
Past Due Child Support
Those three probably cover over 95% of the offsets but owing the government money for any reason can cause an offset. Here in Minnesota, your state refund can be seized to pay past due library fees.
2007-01-25 15:55:17 · answer #2 · answered by Wayne Z 7 · 0⤊ 0⤋
Depends....Did you file through a tax preparer for a Refund Loan and it not get approved? Or are you meaning just in general? If you applied for a loan to get your refund back early and it wasn't approved, it could be that you owe the IRS or your State taxes, unpaid student loans, VA loan, late on child support or alimony, have an unpaid bad check, owe tax preparer fees or just overall bad credit. If you were denied because of bad credit, you'd still get your refund, just will take longer. If you have an unpaid debt, they will take their share and send you any leftover, if there's any. The same goes if you just e-filed yourself or mailed a paper return, but bad credit wouldn't effect you in that case.
I've not been able to find any documentation through the IRS that shows Federal income tax refunds can be held for any other reason except federal debt and child or spousal support. Court ordered garnishment is not even a question I'm requred to ask as a tax preparer.
2007-01-25 16:00:04 · answer #3 · answered by Missy 2 · 0⤊ 1⤋
You would not get a refund if you defaulted on your Federal student loan - they would keep your refund toward payment. Also, If you owe child support or have filed bankruptcy and the judge specified that your tax refund would go to your creditors or the child's custodial parent. Also, if you owe back federal or state taxes, the IRS can withhold your refund toward payment.
The IRS can keep your refund anytime you owe money to the Federal government.
2007-01-25 15:55:24 · answer #4 · answered by Corrie W 1 · 0⤊ 0⤋
If you owe state income tax, federal will keep your money and give to state if it's been a while. If you owe back child support they will also keep your money.
2007-01-25 15:53:36 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You owe taxes from last year. You owe the federal goverment money. A creditor has a court order to garnish your wages.
2007-01-25 15:54:13 · answer #6 · answered by RayCATNG 4 · 0⤊ 0⤋
You owe a Federal loan
You claimed too many dependents
You owe Child support
2007-01-25 15:52:59 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Back child support
Outstanding judgements on bad debt
Previously owed the IRS money
2007-01-25 15:54:51 · answer #8 · answered by his temptress 5 · 0⤊ 0⤋
Some of the reasons would be you failed to fill out your income tax form? or you failed to pay the correct amount of tax
2007-01-25 15:55:02 · answer #9 · answered by acromew 1 · 0⤊ 0⤋
You owe the government money
You owe school loans
You owe child support.
Just off the top of my head
2007-01-25 15:54:15 · answer #10 · answered by surfer grl 5 · 0⤊ 0⤋
IRS, also back child support, unpaid student loans and any court ordered payment that the person has garnished your taxes for.
2007-01-25 15:54:59 · answer #11 · answered by elaeblue 7 · 0⤊ 1⤋