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Ninth Collection Report for 1992 RE: Ninth Collection Report for 1992 We are pleased to forward to you the ninth collection report for the 1992 Federal Tax Refund Offset Program. Enclosed is the collection report representing the tax refund offsets for the month of October 1992 minus the service fee and any adjustments made during this period for the 1984 through 1992 processing years. The net collection total for October for 9,559 offsets is $3,852,739. The electronic funds transfer should be effected on November 6, 1992. Enclosed where appropriate is a copy of the October 1992 Collection/Adjustment/Address Report and the corresponding name change report. The year-to-date net collections have increased from $518,004,232 in processing year 1991 to $636,252,487 in processing year 1992 or an increase of nearly 23% . We would also like to inform you that the IRS service fee for the Federal Tax Refund Offset Program will increase from the current $4.65 per offset to $5.19 per offset effective on the first collection report in February 1993. The increase in the fee can be attributed to an increase in the IRS cost to administer the program people of this change. If you have any questions pertaining to the tax offset program, please feel free to contact the Special collections Unit at (202) 401-9389. Enclosures Download FREE Adobe Acrobat® Reader™ to view PDF files located on this site.
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