I'm helping a friend with his taxes and he declared BK in October of 2010. The trustee said he would abandon any tax refund less than $1000 and also return about $380 in assets already paid to the trustee. His refund, using the most advantageous method, would be $1179.
So, can I choose...
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Reducing tax refund on purpose
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Tax filing season delayed-since so many people are talking about filing
Tax Season Starts on Time for Most Taxpayers; Those Affected by Late Tax Breaks Can File in Mid- to Late February
December 23, 2010
Following last week’s tax law changes, the Internal Revenue Service announced today the upcoming tax season will start on time for most...Last edited by Flamingo; 01-04-2011, 04:33 PM. -
Tax Time Question: Anything about my foreclosure?
Hihi, I was just wondering. My condo that I let go in my bk foreclosed in April of last year. Do I need to do anything on my taxes when I file this year to let the IRS know I lost the house?
I ask because I have been taking in prior years the real estate credits and now of course... -
How does my Ch. 7 last year affect my taxes this year?
Hi all, I have not been around here hardly at all since last year. I see some regulars still here, that's good!
As I recall, someone said that if you have a no asset case and are discharged under Ch. 7 it does not affect your tax filing. Is that correct?
My wife and I filed...