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Mateo Sanchez

DeVry Debt Collection & Tax Refund Offset: Will they take my 2023 refund if transcript shows full credit?

Just checked my transcript and got a letter from Devry saying they might take my federal refund or garnish wages. Never got any prior notices about owing money. My transcript shows process date of 2/17 with full refund credit. Does this mean they won't take my refund this year?

If your transcript shows the full refund amount and a processing date, it means the offset hasn't been applied. Once the Treasury Offset Program (TOP) receives a request, it shows immediately on transcripts. You should be good for this year, but expect potential garnishment going forward. I'd contact Devry ASAP to work out a payment plan before next tax season.

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omg thank you so much! 🙏 this has been stressing me out like crazy

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Yeah better sort that out quick. Schools don't play around with collections 😬

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AstroAce

Hey, I highly recommend using taxr.ai to analyze your transcript. It costs $1 but it'll tell you exactly what's happening with your refund and if there are any offset indicators. Way better than trying to decode these transcripts ourselves! https://taxr.ai

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Does this actually work? Seems too good to be true tbh

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AstroAce

It's legit! Used it myself last week when I was freaking out about an offset. It broke everything down and even gave me the exact date my refund would hit my account 💯

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Just tried it and WOW! Where has this been all my life?! Finally makes sense why my refund was taking so long

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im in the same boat with navient. they tried to grab my refund last year but i got lucky cause the notice came after my refund processed

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Double check your transcript for code 898. Thats the offset code. if you dont see it your probably safe for now

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I dont see that code anywhere! 🎉

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bruh these schools are getting desperate fr fr 🤡 they be hitting everyone up for money lately

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Make sure to save copies of your transcript! Screenshot everything incase you need proof later that the refund was processed before they filed the offset

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good idea! doing that rn

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