I can't seem to find this answer anywhere on the web....so I am hoping that someone here knows. Does the Trustee or BK court verify the prior year tax returns with the IRS?
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Not sure if this is what you are asking, but you will furnish the trustee with a copy of your prior year's tax return. If you do not have a copy, you may have the IRS fax you a transcript, which the trustee will accept.Stopped paying: 08/10, Filed CH7: 08/27/10 , 341 & No Asset Report: 10/6/10, Last day to object: 12/06/10, Discharged: 12/07/10, Closed: 12/08/10
AHEM.....NOT AN ATTORNEY, NOT ADVICE, ETC, ETC
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Hi kittywalt,
You have to furnish the last two years of tax returns to the trustee and any creditor who asks for them.
Why wouldn't they match w/ the IRS? Please, please tell me you aren't thinking about submitting false tax documents in a federal BK court.....
Tom in ColoCh7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010
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Originally posted by kittywalt View PostI can't seem to find this answer anywhere on the web....so I am hoping that someone here knows. Does the Trustee or BK court verify the prior year tax returns with the IRS?
Not sure if that is what OP was getting at but. . .
Des.
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This really goes to despritfreya's point. If amending the tax return would produce a refund, the trustee might amend to claim the refund. You probably want to determine the tax consequences of amending before making a decision.I am a bankruptcy attorney practicing in Riverside and San Bernardino Counties.
Disclaimer: This post is not legal advice, and I am not your attorney.
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Okay I looked at their taxes and because the husband did itemize the deductions, the refund won't change since the single and married filing separately are the same deduction if you were using the standard deduction.....so they can send in an amended tax return but nothing changes so nothing to fear, right?
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Hi kittywalt,
Whew! Glad to see this.... More of what I am asking is My Sister In Law and Brother filed as single for 08, when they had just gotten married in that year. Now they are filing BK and want to know if they have to amend the taxes with the IRS or can they just submit corrected forms in BK?
They don't have to file an amended return just for the BK, just supply the two single returns for that year. Tax law and BK law are two different animals. To file a joint BK you don't have to have a joint tax return.
Tell them not to bother, especially since you figured out it is half a dozen of one, 6 of another...
Tom in ColoCh7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010
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Originally posted by tcreegan View PostHi kittywalt,
Whew! Glad to see this.... More of what I am asking is My Sister In Law and Brother filed as single for 08, when they had just gotten married in that year. Now they are filing BK and want to know if they have to amend the taxes with the IRS or can they just submit corrected forms in BK?
They don't have to file an amended return just for the BK, just supply the two single returns for that year. Tax law and BK law are two different animals. To file a joint BK you don't have to have a joint tax return.
Tell them not to bother, especially since you figured out it is half a dozen of one, 6 of another...
Tom in Colo
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