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How to protect your tax refund from student loan tax garnishment

Added 05-16-22 09:04:01am EST - “The government can withhold your federal tax refund if you've defaulted on your federal student loans. Learn how to stop student loan tax garnishment.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “How to protect your tax refund from student loan tax garnishment”. Below is an excerpt from the article.

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The government can withhold your federal tax refund if you’ve defaulted on your federal student loans. Learn how to stop student loan tax garnishment. (Shutterstock)

If you default on your federal student loans, you can run into some financial issues when it’s time to pay your taxes. Your loan holder can withhold some or all of your federal income tax refund to pay your student loan debt, also known as tax garnishment. Before you file your taxes, it’s important to deal with your loans that are in default.

Here’s some additional insight into what student loan tax garnishment is, how it works, and how to stop student loan tax garnishment.

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