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Yes, if you owe the IRS $700 for a previous year and will be receiving a refund for 2018, the IRS will use your refund to offset the prior year debt. You will receive a refund for the balance, if any, after the debt has been satisfied.
Yes, if you owe the IRS $700 for a previous year and will be receiving a refund for 2018, the IRS will use your refund to offset the prior year debt. You will receive a refund for the balance, if any, after the debt has been satisfied.
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