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Student loan / tax garnishment question My wife defaulted on her student loans. She has never had any income during our marriage. Every year we file jointly. 1) How much of our tax return can they garnish? 2) Is there anything I can do to minimize it? I know paying them off is the correct answer but since that is not financially possible right now, i need to explore other options. I am currently trying to get her to attempt renegotiation to set a payment amount that we can handle. thanks!

By: Guest
Date: Unknown--
Response 1
Guest
0
1) - it's called a 'refund'

back when your 'return' is filed

2) yes, there is

[m] By: Guest
Date: unknown---
Response 2
Guest
0
The IRS will never garnish a return.

There's no need. They have it in their office. Once you send it in, it's their property.

[m] By: Guest
Date: unknown---
Response 3
Guest
0
Answers.

1. They can garnish up to the amount of the refund you would be recieving on your tax return, or up to the amount of the Student Loans you wife owes.

2. Yes, there is. You can file a Form 8379, Injured Spouse Form, along with your return. You'll basically split the income, deductions, exemption and credits between your wife and yourself (for instance, if you were the only one to have wages, you'll report all the wages for yourself).

Whatever portion of the refund is your wife's (if she has any portion) will be applied to her debt, while the rest would be refunded out to you (barring any debt of your own) that you are eligible for.

[m] By: Guest
Date: unknown---
Response 4
Guest
0
Looks like you are in NV

a community property state. They can take half your refund if you get it all filed right. You also need to try creating separate property away from wife as much as possible. Be careful with bank accounts, real estate ect...it's half hers. May take a lawyer.

[m] By: Guest
Date: unknown---
Response
What is 1 + 100



Helpfulbox Now Offers Free POS Software

for restaurants, kiosk, and any other retails business completely free. It can be used as windows cashier system or as full blown POS. You will able to print to kitchen, display orders on the kitchen screen, manage inventory, employee, report, customer loyalty offers, employee management, delivery address track and much more, all for free.

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