Sentences with phrase «as tax refund offsets»

(The other remaining borrowers» loans were resolved through involuntary collection methods such as tax refund offsets.

Not exact matches

Nonrefundable credits may only offset positive tax liability; in contrast, if a refundable credit exceeds the taxpayer's tax liability, the taxpayer receives the excess as a refund.

The government can garnish up to 15 % of your wages and Social Security benefits, as well as offset income tax refunds.

These powers, such as tax refund and federal benefits offsets, have no time limit.

These borrowers will experience the draconian consequences of default, such as wage garnishment, seizure of their tax refunds (including their Earned Income Tax Credit), and offset of their Social Security benefits, potentially for the rest of their livtax refunds (including their Earned Income Tax Credit), and offset of their Social Security benefits, potentially for the rest of their livTax Credit), and offset of their Social Security benefits, potentially for the rest of their lives.

Any excess losses may be carried back in order to get a refund for income taxes paid in the two prior years, and then if losses remain, a 20 - year carry - forward is created as a potential offset to income taxes on future earnings.

Please read the following information related to your tax situation: Tax Topic 203, Refund Offsets for unpaid child support and certain federal, state, and unemployment compensation debts Please Note: Your refund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state income ttax situation: Tax Topic 203, Refund Offsets for unpaid child support and certain federal, state, and unemployment compensation debts Please Note: Your refund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state income tTax Topic 203, Refund Offsets for unpaid child support and certain federal, state, and unemployment compensation debts Please Note: Your refund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state incomRefund Offsets for unpaid child support and certain federal, state, and unemployment compensation debts Please Note: Your refund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state incomrefund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state income taxtax.