Tag Archives: child support

Will your tax refund be offset by debts?

Be aware that if you have unpaid federal or state debt, such as overdue child support, state income tax, or student loans, all or part of your 2016 income tax return may be redirected to pay the debt. This is … Continue reading

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Is all my income taxable?

Generally, all sources of income are subject to income tax unless specifically excluded. Here are some sources of money that are not taxable: * Money received as a loan. * Gifts and inheritances. * Child support received. * Welfare benefits. … Continue reading

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