Will my tax return be considered income in my chapter 13?
We got a large tax return this year in early February. We are now in the process of filing chapter 13 and have to provide 6 months worth of income history. Will the trustee consider our 5,000 tax return as part of our income? I know that they will take future returns. We actually had to file an amendment and now have to pay 2,700 of that back anyway, so it was really only 2,300 in excess. Also, can I include this tax debt in my repayment plan?
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Categories: information on bankruptcy Tags: chapter 13, future returns, income history, repayment plan, tax debt, tax return, trustee
Own stock in company that has gone bankrupt?
I bought stock in a company in 2000. The company went bankrupt in 2001. I still have the stock in my brokerage account. Can I still claim capital loss on those shares in this year’s tax return?
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Categories: information on bankruptcy Tags: brokerage account, stock, tax return
In chapter 13 bankruptcy will the trustee take my Tax return?
I just recently file Chapter 13 Bankruptcy in Oct 2007, wondering if I have to surrender my tax return to the trustee?
Any light on the matter would be helpful? I filed in tennessee but live in Georgia
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Categories: information on bankruptcy Tags: chapter 13 bankruptcy, tax return, tennessee, trustee