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4 situations in which the government can garnish a tax refund

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4 situations in which the government can garnish your tax refund

If you have big plans for your federal or state income tax refund, you are probably checking your bank account or mailbox daily for that deposit or direct IRS check. However, not everyone owed a refund when they file their federal return they can hope to have that money in their hands eventually.

This is because the Office of the Fiscal Service (BFS), which issues IRS tax refunds, can withhold your tax refund in certain cases where you owe money to federal and state agencies through the Treasury Compensation Program ( TOP) of the US Department of the Treasury UU. (one) Don't expect to glide silently through the cracks, either.

In fiscal year 2018, TOP's state programs recovered more than $ 2.9 billion of people who had delinquent debts. (two) Could the BFS confiscate your 2019 tax refund?

Click or slide to see 4 situations in which your tax refund may not reach your bank account.

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