Federal Tax Intercept – What is it?

A Federal Tax Intercept is an interception of any refund you are receiving from your tax return by the Internal Revenue Service to pay off government debt.  Federal Student Loans are such a government debt which may result in a tax intercept. Typically, you will not receive any specific advance notice of the intent to intercept, but it is often in the list of potential resolutions listed on other delinquency and default notices you received [...]