Voting Question: does nydept of ed take federal and state income tax refunds for outstandng student loans?

Single
No dependants
401 K withdrawl 1200.00
Renter
student loan interest deduction of 2500.00
no extra deductions

I need some clarification before i submit my 2007 return. My 2006 year i got back a little over 900.00, i made about 36000.00. Now in 2007 I left my job in april and got another, I made about 39000.00 this year between those two jobs. I also cashed my 401k, federal was already deducted and I know about the 10 penalty. Now I don't think a $3000 increase in pay is that significant to knock me into another tax bracket, from what i've read I'm still in the same tax bracket... so can someone please explain why my tax return dropped from $900 to $400..even with the 10% penalty I still think that's a little low

Voting Question: Student Loan offset, will it happen?

I have the student loan on default, but ive been paying the collection agency for the past two years, even today i got a letter from the university services with the info of the taxes i paid to put them on my tax return. I work with the federal government and they dont garnish or offset my paycheck but when i call the FMS numbers it says "May Be" offset and no more information, i have all the reciepts of my payments (made by US Postal Money Order) in hand and i have never recieved a letter telling me that they will going to offset something (salary or return), whatsd your opinion about this?

Thanks Ok so, i got an agreement with the collection agency to pay the debt and finish with this. i already filled my returns and the IRS accepted them and it says i should be getting the refund on Feb 19... the US Treasury will know ASAP that i payed the student loan in full or they will be taking my tax refund because they dont know yet?

Voting Question: does nydept of ed take federal and state income tax refunds for outstandng student loans?

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