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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
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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.
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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.
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