dcl9614.htm

Tax Refund Offset - First Collection Report for Processing Year 1996

MAR 1, 1996 DC-96-14

TO ALL STATE IV-D DIRECTORS

We are very please to forward to you the first Collection/Adjustment/Address and corresponding Name Change reports for the 1996 Federal Tax Refund Offset Program. Enclosed is the collection report representing the tax refund offsets for the month of February 1996 less the service fee and any adjustments made during this period for the 1991 through 1996 processing years.

The net collection total for February 1996 for 110,819 offsets is $105,937,410 as compared to 98,998 offsets for $72,780,248 in February 1995.

This will be a final reminder that the service fee amount per offset for processing year 1996 has been reduced to $5.71 from the 1995 amount of $7.83 per offset. Please inform the appropriate program and systems personnel of this change to be effective on the February 1996 collection report.

The electronic funds transfer (EFT) for February is scheduled to be accomplished on March 7, 1996. If you have any questions pertaining to the tax refund offset program, please feel free to contact the Special Collections Unit at (202) 401-9389.

Sincerely,

David Gray Ross

Deputy Director

Office of Child Support

Enforcement

Enclosure