Will Student Loans Take My Tax Refund 2025

Will Student Loans Take My Tax Refund 2025. If they do this, they can take your entire tax refund. Mcmahon will inherit a student loan system where she will have to turn wage garnishment back on,โ€ said mike pierce, executive director of the student borrower protection center.


Will Student Loans Take My Tax Refund 2025

In 2021, as part of the american rescue plan, congress temporarily changed the law so that student loan forgiveness is not considered taxable income. If your loans came from a state or federal student loan program, the federal government may garnish up to 100% of your tax refund if youโ€™re in default repaying your loans.

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