Why does the IRS take my tax refund?

When one such person files taxes and receives a refund, the IRS can seize the refund to pay down the debt. Even if you are current on your taxes, the federal government can seize your return if you have defaulted on your student loans. Another reason the IRS may take your tax return is if you owe child support.

Can a federal tax refund be seized by the IRS?

Americans owe back taxes totaling over $450 billion. When one such person files taxes and receives a refund, the IRS can seize the refund to pay down the debt. Even if you are current on your taxes, the federal government can seize your return if you have defaulted on your student loans.

What happens if you owe money to the IRS?

Owing money for previous tax years can delay a refund check. The IRS’s Treasury Offset Program takes out money owed for various reasons prior to issuing a refund check. For example, if you owe child support, your refund can be applied to the child support owed.

How to call the IRS to get your tax refund?

The number to call is (800) 829-1040. 2  3  You Owe State Income Taxes The feds can also withhold money from your tax refund to cover any unpaid state income taxes. 2  The first call should go to the IRS at (800) 829-1040.

What does the IRS take out of your tax refund?

The Internal Revenue Service places unpaid past tax obligations at the highest priority. Back taxes are any amount that you still owe the IRS for income tax assessments in previous tax years. A tax refund is a payment from the IRS to a taxpayer due to overpayment of taxes or through the benefit of tax credits and stimulus payments.

Americans owe back taxes totaling over $450 billion. When one such person files taxes and receives a refund, the IRS can seize the refund to pay down the debt. Even if you are current on your taxes, the federal government can seize your return if you have defaulted on your student loans.

What happens if the IRS freezes your refund?

If you prove to the IRS that you correctly took the deductions and/or credits, the IRS will issue your refund or corrected refund. The IRS can freeze your refund if it’s auditing your past tax returns and thinks you’ll owe additional taxes in the audit.

What happens if I claim an erroneous tax return?

If the IRS thinks you claimed erroneous deductions or credits, the IRS can hold your refund. In this case, the IRS will audit you to figure out whether your return is accurate. If you prove to the IRS that you correctly took the deductions and/or credits, the IRS will issue your refund or corrected refund.