Will this years tax return be taken for default federal student loans?

Forum|Forum|5 years ago
January 16, 2021
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Among the relief provided by the CARES Act was the suspension of student loan obligations through September 30, 2020, including the collection of student loan debt through garnishments made to borrowers’ federal income tax returns.

On last years tax return, many had their tax returns taken for federal student loan collection, then checks given back due to the CARES act.

For this upcoming tax return, will the government resume garnishing income tax returns for defaulted federal student loans?

If they are continuing default student loan garnishmen, considering the birth of a child in late 2020 who didn't receive their $600 stimulus check, would that be taken from tax returns as well?

Student Loans

xmasbaby0

Employee

The 2nd stimulus check will not be seized for delinquent child support nor for past due student loans.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

caijesseAuthor

That answers part of my question. Perhaps I didn't word the other part well. Do you happen to know if they will be taking general tax returns(not the stimulus check) to pay towards defaulted student loans?

DMarkM1

The Cares Act suspended collection action on student loans through 31 January 2021. The new administration may or may not extend this action. Here is a link with more information.

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