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Can you stop your tax refund from being taken to pay student loan debt if you made very little money last year?
Dts578
Your question isn't really a tax one, but an educational loan one. The IRS doesn't really care who it gives the refund to, as long as it is a legal party to receive it. It has no dog in this fight if you will.
What you define as poor and what others, including the government does is probably disparet.
Generally, if you made more than 8K, whatever that amount is is able to be used to pay government type debts. Student loans are in a special collection catagory, and even harder to get them to stop collection action on than most debts.
I would suggest, as any refund your getting is only because you allowed too much to be withheld from your pay, that you provide your employer a new W-4 and make sure the amount that gets withheld more closely reflects your actual liability...that way next year you won't have (at least much) of another refund to worry about.
Of course, to collect they could, and may, just garnish your wages sooner or later.
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∙ 16y ago
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