Can the IRS take my refund for student loans if I’m approved for a deferment?
If your student loan is in deferment, the IRS won’t take your refund. The IRS will only take your refund if you’re delinquent with your student loans to offset debt.
Your student loan interest deduction might be lower than prior years if you paid less interest in the current tax year. This can affect how much refund money you receive.
The IRS negligence penalty is 20% of the amount you underpaid your tax. Learn about your options to address it from the tax experts at H&R Block.
Don't confuse the IRS and make your situation worse by filing an amended return when you shouldn't. Learn more from the tax experts at H&R Block.
Do you know how to read a credit report? H&R Block tax pros have prepared the top 5 items you should look for when conducting a credit report review.
Do you need more time to file taxes? Review these time-sensitive tax pro tips to prepare for the tax filing extension deadline. Read more from our pros on the H&R Block blog.