turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

If we have student loans that are not in deferment can the irs take our taxes. They show positive on our credit karma so I know they are in good standing

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

If we have student loans that are not in deferment can the irs take our taxes. They show positive on our credit karma so I know they are in good standing

No, they would only possibly confiscate your refund if your loans are in default and there is an offset placed on you.  If your loans are in good standing, then there would be no reason for an offset.  They don't take refunds just to pay back the loans.  They only do it when you are behind in payments.

If your loans were previously in default, then its possible there could still be an outstanding offset, but that doesn't sound like the case you are describing.  Nevertheless, if you wish, you can inquire as to whether there has been an offset placed on your account by calling the Department of Treasury Offset Program at 1-800-304-3107.


View solution in original post

1 Reply

If we have student loans that are not in deferment can the irs take our taxes. They show positive on our credit karma so I know they are in good standing

No, they would only possibly confiscate your refund if your loans are in default and there is an offset placed on you.  If your loans are in good standing, then there would be no reason for an offset.  They don't take refunds just to pay back the loans.  They only do it when you are behind in payments.

If your loans were previously in default, then its possible there could still be an outstanding offset, but that doesn't sound like the case you are describing.  Nevertheless, if you wish, you can inquire as to whether there has been an offset placed on your account by calling the Department of Treasury Offset Program at 1-800-304-3107.


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies