341 and no tax returns

[SunnyFl]

Hello, I just found this forum and the information is so valuable, thanks to all previous posters. I have a question about the 341 meeting, if you have not filed tax returns for more than 10 years, have no bank accounts or other assets, will this be a problem for the trustee at the 341 meeting???
Thank You
SunnyFl

[bobbiestarr]

From the research I've done for my state, I think you have to file all your tax returns before you can file bankruptcy.... But I'm not positive about that, but it should be easy enough to find out. Someone on here probably knows for sure.

[LadyInTheRed]

If you haven't filed tax returns because you didn't have enough income to require filing them, you should be okay. But, if you were required to file but didn't, you are going to have to file returns.

[SunnyFl]

I have not had an income in a few years, that is why I do not file. I was wondering if this is going to be a problem during the 341 when they ask for such documentation. IF I had a job or taxable income, I would have filed. Thank You to those who have responded so far.

[LadyInTheRed]

If the trustee asks, just say you did not have enough income to require filing tax returns.

From bankruptcy code section 521(e):

(2)
(A) The debtor shall provide—
(i) not later than 7 days before the date first set for the first meeting of creditors, to the trustee a copy of the Federal income tax return required under applicable law (or at the election of the debtor, a transcript of such return) for the most recent tax year ending immediately before the commencement of the case and for which a Federal income tax return was filed; and

If the law doesn't require you to file a return, there is no return to provide.