Who trumps who? my ex owes like mad of backbone child support but also owes the irs, who get her repayment?
My ex owes us $5,000.00 in pay for child support. Its my understanding that if she have a refund i would receive it. Now here is th difficukt press. She also owes the irs from last years excise filings. So who gets her repayment? do I or does the irs?Answers: Sorry, but the IRS trumps EVERYTHING. If there's anything left over when they're done, you'll probably receive it.
You should probably speak to a lawyer in the region of the possibility of having her wages garnish...
IRS beats everyone out, and other first in procession.
Tax return withheld for fund child support?
Can a federal tax return be withheld for pay for child support without nearby ever being a court date to want if it should be withheld? Can it be withheld without notify the person bringing up the rear on child support that they will be taking it?My boyfriend is approx 6 months behind on child support due to person laid off. He is not eligible for severance due to drawing previously when he was let go.
Answers: Actually, yes, the IRS can and will take his check, or a portion thereof. The IRS is not required to afford notice to the individual, but can withhold the amount due & oweing from his return and forward it to the appropriate Support Collection Unit. Generally at hand is a "cut-off" amount that must be owed in lay down for this to happen. (If he's beind 6 months, that's probably more than enough). The Support Collection Unit should notify the individual, and generally does, however, it doesn't ALWAYS happen. I know the Support Collection Unit will attempt to hold the (paying) individual to sign a form authorizing it... but I don't think it's even indispensable. The aggravating part is, he will not bring back credit for it immediately, and the receiver (the Mom) will not get the funds right away any. It's not unheard of for the SCU to hold those funds for months. (I think they're required to hold the funds long adequate to confirm that he was in reality entitled to the refund, and to confirm that he have (or has not) rewarded up his support since then.
If he is at the rear on payments they will take the check. If any of your money is contained by that check you will receive a paper contained by the mail so you can draw from your money but they will still take his.
Any time you are down on child support at all they will whip the federal check. They dont have to move about to court to do this.
can federal taxes be withheld without any know-how of the other person human being informed.
Can we expect any tax cuts in budget 2008?
Answers: Elsewhere on Y/A, this was the "Question" posting of WBinsider and it gives some hints :-
India : It is learnt that direct tax collection have been very buoyant in the present year ( for a good business and GDP growth) .
In the budget 2008-09, may the Finance Minister bring all cheers for the Income Tax payers by raising the exemption limit (to Rs,1,25,000), by raising the current investment limit ( to Rs.1,50,000) and rejigging the current slabs ?
May he even make a drive to unearth the huge "Black-money" circulating as a 'parallel economy' to give the tax relief to the most obedient salary earners ?
tax do not follow the law of gravity , once they go up never come down,
optical illussion are rampant
FM will reduce tax on one item but more than compensate the loss by taxing other items
After all he has to support idle burgeoning bureaucracy
i think there would be tax cuts coz elections are on head!