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monstersarah
Returning Member

Tax Offset during Corona

My tax refunds are usually offset bc of student loan debt.  Will they take my 2020 tax refund during the pandemic?

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2 Replies

Tax Offset during Corona

yes they will. 

DanielV01
Expert Alumni

Tax Offset during Corona

@monstersarah  The IRS certainly can offset your refund because of student loan debt.  Because of CARES and other stimulus provisions, collections on student loans were suspended.  The suspension of debt collection by the government has expired, at least for now.  If it is reinstituted under a future stimulus provision, it is possible that your refund might not be offset.  However, in general, the IRS has the authority to offset your refund to apply it to past student loan debts.

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