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Is the Defense Finance Accounting Service in violation of Federal tax law? |
DFAS added my out-of-service debt to my 2007 W-2, even though the overpaid monies had been taxed in their respective years disbursed. DFAS says that IRS directives force them to put it on the W-2, but since I've now been double-taxed, I find that hard to believe. Can someone help me figure this out? What was the debt for? Education? Travel & Transportation? Was the debt waived or was remission given to you? Did you pay it all off? Uncle Sam has 10 years to collect the debt from you. Just because it is on the W-2 doesn't mean you will be taxed on it. If you are still active duty, you can go to your base tax office. They offer free assistance, and would probably have more insight on it. What you are describing does not make sense! My guess is that they are adding this debt to your W-2 because you are being relieved of the debt. Anytime a debtor writes off a debt (or part of a debt) then the amount written off is taxable income to the person receiving the benefit of the write-down. That is the case regardless of the fact that you were taxed when they were received. Describe the debt. |
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