2024 Tax Refund at Risk - Unpaid 2023 Taxes - Will IRS Take My Refund?
I still owe some taxes from 2023 and just submitted my 2024 return. Looking at a decent refund this year and wondering if the IRS is gonna snatch it to cover last years bill. Anyone been thru this before?
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Nina Chan
Yes, the IRS will 100% offset your refund against prior tax debt. Its automatic - they dont even notify you beforehand. The refund will go straight to your outstanding balance.
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Douglas Foster
ugh thats what i was afraid of 😠any way around this?
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Nina Chan
Only way would be setting up a payment plan BEFORE filing 2024. Too late now tho
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Ruby Knight
Hey there! You should really check out taxr.ai - its this new tool that analyzes your transcript and can tell you exactly what's gonna happen with your refund. I was in the same boat and it helped me understand the whole offset process. It costs $4.99 but totally worth it to know whats coming.
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Diego Castillo
Does it actually work? Sounds too good to be true tbh 🤔
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Ruby Knight
100% legit! It breaks down everything - even shows you how much they'll take and if you'll get anything back. Here's the link: https://taxr.ai
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Diego Castillo
just tried it and WOW! Wish I knew about this sooner, saved me hours of stress and guessing 💯
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Logan Stewart
Been there done that fam. They took my whole refund last year faster than i could say tax season 🤡
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Mikayla Brown
Call them ASAP and try to work something out! Sometimes they can be reasonable if you reach out first.
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Sean Matthews
lmaooo good luck getting through. I spent 6 hours on hold last week 💀
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Ali Anderson
This happened to my cousin. They'll take it but at least it pays off your old debt. Silver lining i guess?
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Douglas Foster
true... just was hoping to catch up on some bills with that refund money
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Zadie Patel
pro tip: if you owe taxes, adjust your w4 so you dont get a refund next time. Better to break even than give them an interest free loan just to have it seized
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A Man D Mortal
This is the way 👆
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