Hello, I'll be filing Chapter 7 on Tuesday. I have a few questions.
Since I'm self-employed, I have to include some profit & loss statements with my filing. I sold off my inventory in March, so technically that was the end of my business. However, I made some mistake on my taxes, which I just filed. I sold some personal items later in the year, and accidentally included some of them (about $150 worth) in my 2009 business income. I also underreported some expenses by about $100. Hence I am having a hard time aligning my P&L statements with my 2009 tax return. How closely do you think the trustee will look at them?
Of course I'll ask the lawyer what I should do, but do you think I should amend my taxes, so the forms I present at the 341 meeting are absolutely accurate? I'm filing February 2, but the 1040X file to amend isn't even available until February 21. (I only overpaid by $4, and normally wouldn't bother amending.)
What do you think I should do?
Since I'm self-employed, I have to include some profit & loss statements with my filing. I sold off my inventory in March, so technically that was the end of my business. However, I made some mistake on my taxes, which I just filed. I sold some personal items later in the year, and accidentally included some of them (about $150 worth) in my 2009 business income. I also underreported some expenses by about $100. Hence I am having a hard time aligning my P&L statements with my 2009 tax return. How closely do you think the trustee will look at them?
Of course I'll ask the lawyer what I should do, but do you think I should amend my taxes, so the forms I present at the 341 meeting are absolutely accurate? I'm filing February 2, but the 1040X file to amend isn't even available until February 21. (I only overpaid by $4, and normally wouldn't bother amending.)
What do you think I should do?
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