Certain taxpayers can receive refunds even if they have unpaid IRS debt
This is a great article. Thank you. I also wanted to share that the IRS may also claim a state refund if you have past due IRS balances due. We had a situation arise where a 2024 NY refund was claimed by the IRS from an old 2018 balance due. Cheers
Yes — they absolutely can levy a state income tax refund if a CP504 has been issued on the account.
This is a great article. Thank you. I also wanted to share that the IRS may also claim a state refund if you have past due IRS balances due. We had a situation arise where a 2024 NY refund was claimed by the IRS from an old 2018 balance due. Cheers
Yes — they absolutely can levy a state income tax refund if a CP504 has been issued on the account.