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4 Responses to “Can the first time home buyers tax credit be offset to pay student loans?”

1. 1golferwhoworks

   if you still owe then yes it will. Know this if in default it will be hard to get a mortgage from any lender so get it current

   Comment on Jan 6th, 2010 at 5:02 pm  
2. 2Wayne Z

   Yes.

   You won’t receive a dime from the IRS until the student loans are brought out of default.

   Look at the bright side…..you now owe $8000 less.

   Comment on Jan 9th, 2010 at 2:29 am  
3. 3dragonwych

   Yes. Your refund, however it comes to be, is subject to the Treasury Offset Program.

   Comment on Jan 12th, 2010 at 12:09 pm  
4. 4Jason

   Why would the loans offset your tax credit?

   If we could get FairTax bill passed, this nonsense would be a thing of the past.

   Check it out.

   Comment on Jan 13th, 2010 at 2:41 am