Question
What debt can offset my tax refund?
Answer
The following circumstances create the potential for debt offset that can affect your refund:
- Overdue federal tax debts
- Past-due child support money
- Federal agency non-tax debts
- State income tax debt
- Unemployment compensation debts owed to a state (for fraudulent wages paid or contributions due to a state fund)
- Student direct and guaranteed loan repayments
- Small Business Administration (SBA) loan repayments
- Department of Housing and Urban Development (HUD) loan repayments
Related Resources
What Is a W-9 Tax Form?
If you need to complete a W-9 tax form, you may be asking what it’s used for and why it’s needed. We explain the purpose and use of an IRS W-9 form.
IRS Letter 2194 – Alternative Minimum Tax Proposal Letter
The IRS thinks you may owe Alternative Minimum Tax (AMT). Learn more about IRS letter 2194 from the tax experts at H&R Block.
Estimated Tax Form 1040ES
Do you need to file estimated taxes each quarter? Learn more about quarterly tax payments and get tax answers at H&R Block.
What You Need to Know About an IRS Statutory Notice of Deficiency
The Statutory Notice of Deficiency is part of a series of notices sent by the IRS to propose additional tax, penalties and interest. Learn more from the tax experts at H&R Block.
