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    taxes

    my chapter 13 will be over in march. will i need to file taxes for 09 and submit a copy my trustee before discharge?

    live in Minnesota

    thank you

    systemslt

    #2
    Perhaps you mean you will need to file 2010 taxes...the 2009 ones would be a tad late. No one says you have to file any earlier than April 15, or one can get the automatic extension of time to file from the IRS, if one has a sneaking suspicion they will be getting a refund and want to be sure that it does not go elsewhere.

    John
    Filed Chapter 13 pro se: 9/30/2008, 341 Meeting: 11/15/2008, Plan Approved: 1/6/2009, 100% of all claims paid: 10/19/2010. Trustee closed case: 11/5/10 DISCHARGED: 11/18/10

    Comment


      #3
      Originally posted by jcj112562 View Post
      Perhaps you mean you will need to file 2010 taxes...the 2009 ones would be a tad late. No one says you have to file any earlier than April 15, or one can get the automatic extension of time to file from the IRS, if one has a sneaking suspicion they will be getting a refund and want to be sure that it does not go elsewhere.

      John
      Actually, that's not true. The trustee could hold up the closing of the OPs Chapter 13 case if any expected refund isn't turned in. If the OPs plan called for the income tax refund to be turned in to the trustee, the 2010 tax refund would be part of the plan.
      Filed Chapter 13 02/2006 - Confirmed 05/2006 - Discharged 09/2011
      I'm not an attorney. My replies are merely suggestions or observations, not legal advice. As always, consult with an attorney before making any decisions.

      Comment


        #4
        Originally posted by newbie2 View Post
        Actually, that's not true. The trustee could hold up the closing of the OPs Chapter 13 case if any expected refund isn't turned in. If the OPs plan called for the income tax refund to be turned in to the trustee, the 2010 tax refund would be part of the plan.
        True enough, however, if the Plan is complete, then it is complete without the refund if it completes in March. I could be wrong, but once the Plan is complete, the trustee really would have no reason to hold the Plan open, and not proceed with the administration of the discharge and closure.

        John
        Filed Chapter 13 pro se: 9/30/2008, 341 Meeting: 11/15/2008, Plan Approved: 1/6/2009, 100% of all claims paid: 10/19/2010. Trustee closed case: 11/5/10 DISCHARGED: 11/18/10

        Comment


          #5
          Originally posted by jcj112562 View Post
          True enough, however, if the Plan is complete, then it is complete without the refund if it completes in March. I could be wrong, but once the Plan is complete, the trustee really would have no reason to hold the Plan open, and not proceed with the administration of the discharge and closure.

          John
          But it's not complete if 2010 taxes/refund isn't administered. We're in the same position and our attorney told us to file our taxes early, so that if there is any refund we can turn it in to the trustee promptly and not delay the closing of our 13.
          Filed Chapter 13 02/2006 - Confirmed 05/2006 - Discharged 09/2011
          I'm not an attorney. My replies are merely suggestions or observations, not legal advice. As always, consult with an attorney before making any decisions.

          Comment

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