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    Quick Tax Question

    Hi everyone,
    Just a quick tax question. I filed Ch. 13 in Sept 06 and 2006 property taxes are in the BK. I didn't take the taxes as a deduction in 2006, obviously, because I didn't pay them

    Now I'm filing 2007 and I've paid and deducted the 2007 prop taxes, but I'm wondering about my deduction for 2006 - some
    $ has been paid to the Assessor collector plus interest for my 2006 taxes....my question is, can I deduct it? Can I deduct the interest? Should I wait until they're completely paid?

    I know this is a tax question and I should see a tax professional, but everyone here seems so knowledgeable, so I thought I'd see if anyone has encountered this situation. Otherwise I gotta go to the "I got people" people!

    Thanks for the help!
    Filed Chapter 13 - Sept. 06
    Plan confirmed - June 07
    Received Discharge!! - Aug 11

    #2
    Well, I think I answered my own question. All tax refunds are to be turned over to our Trustee. Any refunds will be added to the plan base and will effectively go to our unsecured creditors since our 5 year plan plays only secured. So I think I'll wait and see if I can deduct it after we've completed our BK. I'll need to amend the return, if that will still be possible.

    Thanks anyways!~
    Filed Chapter 13 - Sept. 06
    Plan confirmed - June 07
    Received Discharge!! - Aug 11

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