I typically receive a refund on my taxes each year. It's usually between $1500-$2000. When I filed my 13, my attorney told me I would most likely have to surrender my tax refunds to the trustee. However, my order of confirmation says nothing about tax refunds or even submitting tax returns.
I'm still confused as to how this works. If I were required to surrender them, shouldn't it have been specifically called out in the confirmation order? If not, then is it just at the TT's discretion? Will I receive something from the TT requesting my tax return and/or refund? Does the IRS automatically send any refund to the TT or would it come to me first?
I'm not holding out hope I'll be able to keep my refunds. But the answers to those questions will affect how quickly I jump on filing my tax return. And I just want to know what I need to do differently this year, if anything. TIA!
I'm still confused as to how this works. If I were required to surrender them, shouldn't it have been specifically called out in the confirmation order? If not, then is it just at the TT's discretion? Will I receive something from the TT requesting my tax return and/or refund? Does the IRS automatically send any refund to the TT or would it come to me first?
I'm not holding out hope I'll be able to keep my refunds. But the answers to those questions will affect how quickly I jump on filing my tax return. And I just want to know what I need to do differently this year, if anything. TIA!
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