I filed for Chapter 7 on 1/4/2011. I am awaiting discharge. I just found out I'm getting Earned Income Credit tax return in the amount of $3,100. Do you think the trustee will want it? I filed in California.
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Correction TAX REFUND -
If it’s not exempt he will most likely want it. Did he say anything to you at the 341? That’s usually where they tell you that they will want any refund due.Comment
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No, the trustee just asked for 2009 tax return, glanced at it and gave it back. She never asked for 2010 Tax Return. Tomorrow will be day 61 from the creditors meeting. Checked Pacer tonight and it says "Awaiting Discharge". After the 341 meeting the trustee filed a "Report of NO Distribution." It states that there is no property available for distribution from the estate over and above that exempted by law. I hereby certify that the estate of the above-named deptor has been fully administered.Comment
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Interesting situation. My guess is that you are okay,unless you knew about the earned income credit when you filed. if you didn't get one last year and aren't an accountant who knew that your situation had changed this year then I don't see how you did anything wrong. Now its a not asked, not telling situation. Emphasizing this is a common sense guess which I usually bat around 50%-LOLComment
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