Skip to main content
June 5, 2019
Question

My wages are being garnished due to a student loan. What do I do with that on my taxes this year?

  • June 5, 2019
  • 1 reply
  • 0 views
No text available

1 reply

DoninGA
Employee
June 5, 2019

Garnishment of wages for an unpaid debt is not reported on a tax return.  You report your income as received regardless of how that income was used.

Critter
Employee
June 5, 2019
If the payments covered interest payments then you can deduct up to $2500 on your return ... you should get a
1098-E in January.  And expect any federal or state refunds to be grabbed to satisfy the debt as well.