Refund or not?
I thought husband and I were not getting any money subsidise due to we both owe on student loans, however, the I.R.S website says my money will be deposited into my rationalization tomarrow!? Does this mean conceivably only a lump-sum be taken and we'll get some money subsidise afterall? It did say repayment may be offset. If they agree on to keep adjectives of our taxes why would they give me deposit date?
Answers: Apparently, you owed smaller quantity than the amount of your refund. The IRS took what you owed (the offset) and is sending you the symmetry.
According to the IRS:
The Department of Treasury's Financial Management Service (FMS) will send you a discern if an offset occur. The notice will parallel the original reimbursement amount, your offset amount, the agency reception the payment, and the address and cellular phone number of the agency. FMS will notify the IRS of the amount taken from your refund.
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Answers: Apparently, you owed smaller quantity than the amount of your refund. The IRS took what you owed (the offset) and is sending you the symmetry.
According to the IRS:
The Department of Treasury's Financial Management Service (FMS) will send you a discern if an offset occur. The notice will parallel the original reimbursement amount, your offset amount, the agency reception the payment, and the address and cellular phone number of the agency. FMS will notify the IRS of the amount taken from your refund.