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Are Upcoming Fed Taxes & DMV Fees Listed on Schedule J?

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    #1

    Are Upcoming Fed Taxes & DMV Fees Listed on Schedule J?

    I will owe $1K in federal taxes and auto registration fees in April. Can I list those on Schedule J as an expense? If so, do you divide by 12 to get the monthly? The taxes are around $800 and the DMV fees will be around $250. Thanks. Oh, I will probably file the BK end of March or early April.
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    #2
    Our tax liability was listed on our Schedule J, but the auto registration was included in the deduction for auto expenses and not listed separately. And yes, on a per monthly basis, not a line item for a once a year payment.
    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.

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      #3
      I believe schedule I should reflect your actual tax liability. That would mean the $1k in federal taxes should already be factored in. I would think listing the $1k on schedule J would result in the taxes being listed twice.

      We pay in a few hundred dollars every year after filing and we didn't list that on schedule J.
      Stopped Payings CC's: 8/14/2009 | Retained Attorney: 9/23/2009 | Filed CH 7: 12/7/2009 | 341 Meeting: 1/21/2010 - Complete | Discharged: 4/9/2010
      "One person pretends to be rich, yet has nothing; another pretends to be poor, yet has great wealth."

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        #4
        Originally posted by LimpDisc View Post
        I believe schedule I should reflect your actual tax liability. That would mean the $1k in federal taxes should already be factored in. I would think listing the $1k on schedule J would result in the taxes being listed twice.

        We pay in a few hundred dollars every year after filing and we didn't list that on schedule J.
        Schedule I is for calculating income, correct? This is unemployment income on which I did not pay any taxes the entire time. So the $800 is what I will owe them for the year, and it's due in April.

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          #5
          Originally posted by newbie2 View Post
          Our tax liability was listed on our Schedule J, but the auto registration was included in the deduction for auto expenses and not listed separately. And yes, on a per monthly basis, not a line item for a once a year payment.
          Kind of what I was thinking. Thanks.

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            #6
            Originally posted by ApresMoi View Post
            Schedule I is for calculating income, correct? This is unemployment income on which I did not pay any taxes the entire time. So the $800 is what I will owe them for the year, and it's due in April.
            I don't have a clue about listing unpaid taxes for unemployment income.
            Stopped Payings CC's: 8/14/2009 | Retained Attorney: 9/23/2009 | Filed CH 7: 12/7/2009 | 341 Meeting: 1/21/2010 - Complete | Discharged: 4/9/2010
            "One person pretends to be rich, yet has nothing; another pretends to be poor, yet has great wealth."

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              #7
              Originally posted by LimpDisc View Post
              I don't have a clue about listing unpaid taxes for unemployment income.
              An ex-boss would call this an 'unproductive' message.

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