You may not receive tax refunds that are due to you if you don’t pay your student loans. Keep reading to discover exactly just what defenses you may have and exactly how it is possible to challenge an income income tax refund offset.
What exactly is a Tax Refund Offset?
The Department of Education can use several different methods to collect student loans if you default on a student loan. In another of those, known as an income income tax reimbursement offset, the debt is referred by it into the U. S. Treasury Department for collection. The Treasury Department then is applicable any income tax refunds as a result of you to definitely the re re payment of this education loan financial obligation. (more…)