No. Usually a bank will send your debt to a collection agency. Most collection agencies don't have the authority to garnish your tax refund.
THEY can't have the IRS send it to them. But, once you deposit it in their institution, it loses it's identity as tax refund...it's just like any other money...and normally your agreements with the bank say they can take any funds on deposit there to offset whatever you owe them.
Yes if you owe the IRS money your tax refund will be offset, and usually if they are aware that you owe them money, they will offset it immediately.
Ahhhhh . . . you do not get a tax refund if you owe. You pay them.
If you owe money to the IRS for prior years taxes, and you have a refund due to you on this year's taxes, the IRS will keep the refund and apply it towards the debt that you owe.
can a personal person take a tax refund from my bank account if they are already getting my paycheck garnished
THEY can't have the IRS send it to them. But, once you deposit it in their institution, it loses it's identity as tax refund...it's just like any other money...and normally your agreements with the bank say they can take any funds on deposit there to offset whatever you owe them.
Yes if you owe the IRS money your tax refund will be offset, and usually if they are aware that you owe them money, they will offset it immediately.
Yes, you can be sued if you owe money.
Ahhhhh . . . you do not get a tax refund if you owe. You pay them.
If you owe money to the IRS for prior years taxes, and you have a refund due to you on this year's taxes, the IRS will keep the refund and apply it towards the debt that you owe.
can a personal person take a tax refund from my bank account if they are already getting my paycheck garnished
no
If you get a refund check from a university does not mean you owe the university money. This means that the university owes you money and this is what the check is given to you for.
Pay as you can. They will continually take your refund annually until they get it all back. Another opinion: Get together with the unemployment office and work out mutually acceptable details. Have them point out where and why you owe the money, and come to a compromise.
if i owe federal taxes will they take my state refund
No. The IRS doesn't take your tax refund unless you owe the government money, government insured student loan arrears or child support arrears. It does not collect money on behalf of banks. However, if you deposit your check in your bank account it can be frozen by a creditor and the funds taken.
How to get in touch with compass bank if you owe them money