2007-11-19 17:27:01 · 19 answers · asked by roseanne g 2 in Business & Finance ➔ Taxes ➔ United States
A tax refund can be captured for the following:
1. Unpaid taxes.
2. Any other government debt such as overpayments of Social Security and VA benefits, unemployment compensation, or loss, damage, or destruction of government property.
3. Unpaid child support.
4. Government backed student loans in default. Private or privately insured student loans are NOT subject to capture.
Judgments for private or commercial debts are NEVER subject to capture of income tax refunds. However if a lien has been placed on bank accounts for such judgments the money from the tax refund can be taken as soon as it hits the bank account.
2007-11-19 20:57:54 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
If you are due a refund but have not paid certain amounts you owe, all or part of your refund may be used to pay all or part of the past-due amount. This includes past-due federal income tax, other federal debts (such as student loans), state income tax, and child and spousal support payments. You will be notified if the refund you claimed has been offset against your debts.
2007-11-20 05:35:46 · answer #2 · answered by MukatA 6 · 0⤊ 0⤋
One of the basic reasons for tax refund withholding is back money owed to the IRS due to child support,unpaid prior taxes,tax evasion,unpaid student aid loans,unpaid Social Security monies owed, just to name a few,but it's mainly our fault for not correcting or failing to comply to all terms and past agreements.
2007-11-20 01:38:32 · answer #3 · answered by KSXHW2006 1 · 0⤊ 0⤋
If you owe back taxes or have a Federal Student Loan in default...not sure about other reasons.
2007-11-20 01:29:34 · answer #4 · answered by SusanB 5 · 1⤊ 0⤋
The most common reason is that you changed your address without telling them. So the refund check cannot be delivered.
2007-11-20 11:37:19 · answer #5 · answered by spicertax 5 · 0⤊ 0⤋
You owe back taxes, overdue child support or overdue student loan payments.
2007-11-20 10:23:22 · answer #6 · answered by Judy 7 · 0⤊ 0⤋
owe a student loan
court judgment against you to pay someone
owe child support
owe back taxes
2007-11-20 01:30:31 · answer #7 · answered by Anonymous · 0⤊ 1⤋
A person is behind on child support payments, is one of the top reasons, and the other answer.
2007-11-20 01:30:39 · answer #8 · answered by kriend 7 · 0⤊ 0⤋
if you owe certain bills, like the hospital bill, your state check can be kept. if you owe back taxes or owe some other federal related money, like court-related, federal will be kept, too!
2007-11-20 01:29:45 · answer #9 · answered by Steve 3 · 0⤊ 1⤋
Back taxes, child support. If these do not apply, it may be lost
2007-11-20 01:30:33 · answer #10 · answered by Dont open it, it is not legit. 2 · 0⤊ 0⤋