Tax refunds after chap. 13

[lastalchaa]

Hi guys.. I'm going to be filing and wondered how things work with your tax refund..do they automatically take that until discharge?

[woeisme]

depends on trustee. mine allows me to keep anything under $6500. Others allow up to $1000. Some take everything. Really depends on local custom, have to ask a local lawyer to get an answer to this question.

[ccfriend]

I have to pay anything over $1602. Ir really depends on the trustee!

[Scott50]

I'm two years into a CH13 and haven't heard a peep from my trustee in regards to tax returns/refunds, pay increases and bonuses... My plan is to fly under the radar for the next three years...

[caj0524]

In Chicago I keep all of my State refund, and the first $1,200 of a Federal Refund.

When I filed in New York, unless you were paying 100% to unsecureds, you turned over your entire refund.

[andy158]

Filed in WV and anything over $1500 goes to trustee.

[BNKRPTinNC]

... My plan is to fly under the radar...

I'll second that.

Was able to keep both, so far.

[oldhack]

The trustee never even suggested taking a cent of my tax refunds, probably because I've taken pains for years not to have much of one. I hate loaning the feds money interest-free. I'd long adjusted my withholding to match my anticipated, actual liability.
Until this year -- post-Chapter 13 discharge and after a new mortgage that 'earned' the $8,000 first-time home-buyer's refundable tax credit -- I don't recall a refund over $250 in recent memory. My plan is to pay the Treasury something circa $200 every year (actually, my dream is to write them a check -- say, for like 10 cents -- that will cost them more to process than its amount!) on April 15.

[deerme]

I am in Wisconsin and had to pay half of my net tax returns. I changed my exemptions to take home more and reduced my tax returns down to almost nothing. I think I got $206 on Federal this year so the Trustee got $103.

Good luck!