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New Member
posted May 31, 2019 6:06:29 PM

Last year I didn't get any taxes back to my unpaid student loans I'm trying to figure out something to get money back

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1 Best answer
Alumni
May 31, 2019 6:06:31 PM

Once your student loans are in default and given to the IRS for collection, the IRS will keep as much of your refund as is needed to pay the debt and they will continue to do that until the debt is fully paid. There is absolutely nothing that you can do about it except pay off the loans.

6 Replies
Alumni
May 31, 2019 6:06:31 PM

Once your student loans are in default and given to the IRS for collection, the IRS will keep as much of your refund as is needed to pay the debt and they will continue to do that until the debt is fully paid. There is absolutely nothing that you can do about it except pay off the loans.

Alumni
May 31, 2019 6:06:34 PM

You can deduct student loan interest that you pay, but if you don't pay on student loans, there is no deduction.

Level 15
May 31, 2019 6:06:36 PM

Or do you mean they kept your refund for unpaid loans?

Level 15
May 31, 2019 6:06:39 PM

If so, they will continue to do so until you pay the loans off.

New Member
May 31, 2019 6:06:40 PM

Yes that's what I mean and that's weird because I know a lot of people with unpaid student loans but nothing happens to their taxes ...what am I doing wrong or need to do

Level 15
May 31, 2019 6:06:41 PM

The IRS only does this for loans that are in default. Your friends may not be telling you the truth, or the IRS may be going after their co-signers.  You need to meet your legal obligations by paying your loans