yes. the federal government is all about balance. if you owe one part of the government and your getting money from another part, they can garnish what they're giving you.
I had a car that was financed through HSBC repossessed last year. It was repossessed. Can HSBC take my federal income tax refund for this repossession?
If you have a job on top of the assistance, that money can be garnished. Anything you might get back for income tax refund can be taken also. The government assistance can't be garnished.
If you are not delinquent with your student loan, your federal income tax refund will not be garnished.
Yes. If you owe the federal government money, the Department of the Treasury can withhold your income tax refund to satisfy the debt.
If it is a govet' insured or guaranteed loan, yes.
No. It is either cash (if received) or a receivable. It is not income.
So you were expecting a tax refund from the IRS after you filed a tax return. Insteasd of getting your refund, the IRS sent you a letter saying that your refund was used (garnished) to satisfy your back tax debt. What is going on? This means that you have a back tax liablility with the IRS and the IRS will take your refund to satidfy that debt. If you got your refund check garnished and you were unaware you owed the IRS, you need to take care of this situation fast. The IRS can start enforced collections against you and go as far as garnishment of your pay and levy your bank accounts. You can find out more at wallysworldoftaxes.blogspot.com.
If you files jointly for that year I think they can hit you both until paid
It is unlikely that a tax refund would be garnished for past due medical bills. Generally refunds can only be garnished for certain things, and medical bills really aren't one. Tax refunds are garnished in instances of: child support arrearages past due federal tax past due state income tax unpaid federal student loans government program repayments However, if you deposit it into an account that they have the right to garnish, the funds lose their identity as a tax refund.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
Yes, if income taxes were deducted and you are entitled to refund due to income tax rate, dependents, deductions, etc. as any other tax payer
If you are receiving disability PRIOR TO your normal Minimum Retirement Date then the income will likely be TAXABLE to you. So, yes, you need to report the income on a tax return. Especially so if you are having income taxes withheld from the income. So you can get those withheld amounts back as a refund.