Code of Federal Regulations · Section
§ 1073.501 — Tax Refund Offset
12 C.F.R. § 1073.501
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The provisions of 26 U.S.C. 6402(d) and 31 U.S.C. 3720A authorize the Secretary of the Treasury to offset a debt owed to the United States Government from the tax refund due a taxpayer. The Director may administer tax refund offsets in accordance with the requirements of 31 U.S.C. 3720A under the procedures established in 31 CFR 285.2.
Authorizing Statute
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Authority to make credits or refunds26 U.S.C. § 6402
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Reduction of tax refund by amount of debt31 U.S.C. § 3720A
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Departmental regulations5 U.S.C. § 301
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Collection and compromise31 U.S.C. § 3711
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514