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Tax Refund Offset Collection Report for Processing Year 1992

DCL-93-03

Published: January 11, 1993
Information About:
State/Local Child Support Agencies
Topics:
Federal Systems
Types:
Policy, Dear Colleague Letters (DCL)
Tags:
Collection & Enforcement Systems

TO ALL STATE IV-D DIRECTORS

Dear Colleague:

We are pleased to forward to you the last collection report for the 1992 Federal Tax Refund Offset Program. Enclosed is the collection report representing the tax refund offsets for the month of December 1992 minus the service fee and any adjustments made during this period for the 1984 through 1992 processing years. The net collection total for December for 8,714 offsets is $4,371,663. The electronic funds transfer should be effected on January 15, 1992. Enclosed where appropriate is a copy of the December 1992 Collection/Adjustment/Address Report and the corresponding name change report.

The year-to-date net collections have increased from $525,358,798 in processing year 1991 to $644,853,906 in processing year 1992 or an increase of nearly 23%.

We would also like to remind 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. Please inform the appropriate 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.

 

Sincerely,

Allie Page Matthews

Deputy Director

Office of Child Support Enforcement

Enclosures