If my wages are being garnished for a student loan can they also take my income tax return?
Posted by StudentLoan on August 10th, 2010 | 6 comments
I was default upon my loan. we attempted to work out a remuneration devise though a lender pronounced no as well as went by with garnishing my wages. Now we have filed my taxes though a deposition has not come in nonetheless as well as I’m affraid which a tyro loan might get it. we suspicion which if my salary have been being bedecked afterwards my income taxation lapse would be left alone. Is this right?
Comments
yes. it can be taken from you
Only right in the technical sense that your “income tax return” is what you send the government, not what the government sends to you, and cannot be taken in any event. The money that the government sends you is a refund, not a return, and can be taken even if your wages are being garnished. Until the loan is paid, or at least out of default, they can take both your wages and your tax refunds.
if your wages are garnished this sounds to me like you got a loan that was not covered by the gov’t
defaulting on the gov’t loans results in the refund being withheld
Was the loan a federal student loan.. or state loan? If federal yes, they will take it all… if state loan.. they will take whatever you state pays to you, but cant touch the federal.
Yes.
yes, sorry