will the trustee take my tax refund?

[MrJames]

our lawyer said the trustee may be interested in our tax refund if it is over $3k which it is usually rite at that but only because we usually qaulify for the earned income tax credit and also the child tax credit. can I change my exemptions on my taxes? I only claim 1{myself I think} since my wife is not working can I claim her as a dependant as well? also can I claim my wifes daughter as a dependant if no one else claims her? I dont want to screw myself where I will have to owe but I really dont want to have to give my refund up if I dont have to since that money will come in handy when we are kicked out of our house.

[JRScott]

It is likely that at this time going forward to the end of the year that they could take your refund.

You should be able to go to your HR office and change your dependents. You probably can't get it to where they take nothing out but you could bump it up to 9 without them reporting it.

[hamburgervol]

It is likely that at this time going forward to the end of the year that they could take your refund.

You should be able to go to your HR office and change your dependents. You probably can't get it to where they take nothing out but you could bump it up to 9 without them reporting it.

You can have zero taken out for income tax. Must keep SS, medicare, and Workmans-comp the same. I did.

Be careful not to dig a hole and end up owing a bunch at the end to the IRS.

[gophermn]

Its all at the discretion of the Trustee. I read weekly where Trustees are taking refunds. My Trustee (in MN) did not when he knew the refund would be close to $5k.

Cross the fingers!!

[JRScott]

You can have zero taken out for income tax. Must keep SS, medicare, and Workmans-comp the same. I did.

Be careful not to dig a hole and end up owing a bunch at the end to the IRS.

Depends on employer, many will not allow you to take nothing out due to the end up owing IRS at end of year. However you can ask for extra deductions , but 10 or more deductions they report to the IRS, so that's why to keep it 9 or fewer.

[RainMoM]

also... You can add your wife's daughter if no one else is claiming her, she is considered a dependent till the age of 18. As for your wife, you can file jointly on your tax return.