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Debt
If it says I’m in debt will that money be taken out of my return?
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February 8, 2020
5:37 PM
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After you file
Yes.
5 years ago they took $3,300 out of my return. But at least the debt is paid in full. Otherwise the IRS will screw you royally on interest.
February 9, 2020
4:14 AM
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After you file
If you have a refund offset the IRS can use part or all of your refund to offset the debt. You will receive a letter from the Bureau of the Fiscal Service is your debt is offset.
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February 9, 2020
8:34 AM