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YES they can, I owed the Military Star Card money, I was paying regularly, the next thing I knew I couldn't log in to pay it (it said the account was closed), and I had moved away, the closest exchange is 110 miles, I tried calling and never got any resolution that way because they couldn't locate my account either. Then the following year my tax return never showed up, when I investigated I found out that the star card people took my tax return. They are allowed to because they are a Federal Government financial institution.
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Can a credit card company take your federal tax refund?
the truth is Yes they can because if you own more than you get thell take your tax refund check P.S. no offence
What is the max refund for federal taxes?
There is no maximum refund. If you overpaid your federal taxes, you'll get a refund for the overpayment no matter how much it is.
How long does credit card refund take to process?
It is very common for a credit/refund to take up to 6 or 8 weeks to be processed. It always takes longer to get a refund than it does for them to take the money. Where i used to prefer virtual credit cards for online transaction.
Will the bankruptcy trustee take all of your tax return refund?
I think it depends on when the bankruptcy is discharged, but it would be discussed at your meeting with the creditors and the trustee. If it wasn't discussed, then the refund is yours.
If EIC earned income credit is more than refund can student loans take your taxes Bankruptcy and other agencies cannot take your tax refund when eic is greater in amount than that of the refund?
Any federal or state agencies (including student loan and child support) have the right to take any amount due from your refund. It has nothing to do with EIC and they have the right to take the whole refund you are due if you are in default or have a judgment against you.
Can military star card intercept your tax refund?
yes; it is considered federal debt and federal debt can be and probably will be taken from your refund (if it is in a collection status)
Can creditors collect my tax return?
In my experience with this, yes they can take your state return, but I do not think they are eligible to lien your federal refund.
How is it possible to get a federal tax refund larger than the federal tax that was withheld?
Married tax credit and children's tax credits can cause a refund to be larger than what was withheld.
Can a credit card company take your federal tax refund?
the truth is Yes they can because if you own more than you get thell take your tax refund check P.S. no offence
What is the max refund for federal taxes?
There is no maximum refund. If you overpaid your federal taxes, you'll get a refund for the overpayment no matter how much it is.
What is the difference between a refundable and a nonrefundable credit?
On the federal 1040 income tax return a refundable credit means that if you do not owe any past due taxes, penalties, interest or legal government debt that is in the FMS offset refund program you will receive a refund of the amount of the refundable credit. The nonrefundable credit amounts if more than your federal income tax liability will only reduce your federal income tax liability to -0- ZERO on your 1040 federal income tax return and any amount of the nonrefundable over your income liability will NOT be refunded to you.
How long will it take to get federal tax refund?
Im never refund federal tax, like a boss.
Can credit card creditors take your income tax refund?
No, neither federal nor state tax refunds are subject to creditor garnishment or seizure. Tax refunds can only be seized or garnished for, taxes that are due, child support, federally funded student loans and in some cases spousal maintenance (alimony).
Is refund to customer debit or credit?
Credit to the customer.
Is a refund to a credit card a debit or credit?
Debit
Can a creditor put a lien on my federal income tax refund?
A creditor can put a lien on federal income tax refunds and usually will when the debt is that of a student loan or child support. Other creditors can if the right paperwork is filed within a specified time frame to the IRS.
Do you have to claim a state tax refund on your federal taxes as income?
Yes. State refund must be claimed as income on your federal return.
