My mom was going to claim our kids on her taxes this year. She wasn't working much and had them a lot. Can she do this if we don't claim them? Will that raise a red-flag with the trustee?
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I don't know if she meets the IRS requirements to claim them - but if she does, wouldn't that mean you can't claim them as part of your household for your BK?? -
A double edged sword indeed. The Trustee will wonder why they aren't on your taxes.Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
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Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.Comment
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Go to IRS.gov and look up the requirements of claiming a dependent on your taxes...If your Mom provided over 50% of their support and met certain other requirements, it is possible but you cannot claim them also. You would probably have to do a lot of explaining about the situation to the attorney/trustee and it could change your entire financial status for filing. Also, your Mom could face a higher risk of being audited._________________________________________
Filed 5 Year Chapter 13: April 2002
Early Buy-Out: April 2006
Discharge: August 2006
"A credit card is a snake in your pocket"Comment
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I see your points.... But about a month or so before met with the lawyer she was back to work full time and we had the kids more. I know we wouldn't be able to file on them if she does. Should we ask the lawyer?Comment
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Yes, ask your lawyer.Originally posted by dogbone33 View Post_________________________________________
Filed 5 Year Chapter 13: April 2002
Early Buy-Out: April 2006
Discharge: August 2006
"A credit card is a snake in your pocket"Comment
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