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Anybody know how hard they are on people whose income came patly from ebay?

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    Anybody know how hard they are on people whose income came patly from ebay?

    I am not great at keeping books ut have a pretty good idea i lost money last year. Worried about the questions they might ask in 341 meeting?
    Chapter 7 Filed 10/17/07
    341 mtg. 11/15/07
    Discharged 2/19/08
    Closed on 2/26/08

    #2
    They will want tax returns.

    Comment


      #3
      If you're claiming income from eBay for your Bankruptcy, I hope you file a Schedule C every year with the IRS. Otherwise, you may end up owing money to the IRS, if you made money.
      Petition Filed 6/4/07 :clapping:
      341 meeting 7/31/07 :clapping: :unsure:
      First Meeting Held and Trustee's Report of No Distribution 8/2 :yahoo::yahoo:
      10/15/2007 - DISCHARGED!:yahoo::yahoo::yahoo:

      Comment


        #4
        ok thanks, I had a loss last year on ebay it is doing better this year so , do they go by last years income or this year?
        Chapter 7 Filed 10/17/07
        341 mtg. 11/15/07
        Discharged 2/19/08
        Closed on 2/26/08

        Comment


          #5
          They will go by your last 6 months income, so if I were you, I'd get a simple program or set up a spread sheet, showing sales/expenses for the last 6 months from ebay. That's what my attorney did. Although I use a $500 program to keep all my stuff straight, all I had to do was push a few buttons and voila, reports were faxed to her within 5 minutes after she asked for them.
          Petition Filed 6/4/07 :clapping:
          341 meeting 7/31/07 :clapping: :unsure:
          First Meeting Held and Trustee's Report of No Distribution 8/2 :yahoo::yahoo:
          10/15/2007 - DISCHARGED!:yahoo::yahoo::yahoo:

          Comment

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