Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

Tax Return question

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Tax Return question

    I am planning to file in February. Just read the Checklist in NOLO's book and it says to file your most recent Federal Tax Return.
    I am not going to do my 2010 taxes until April. Can I use the 2009 Tax Return to file???

  • #2
    I'm pretty sure you can.(think about it like this-if you couldn't nobody could file in January because they don't have the info/1099's/w-2's until end of month) BUT, the trustee may ask about your anticipated refund for 2010 and you may have to notify him about it. If you're expecting a large one he'll be looking for it. Don't know about Cali exemptions but my understanding is that you can exempt it under many states exemptions. Don't know about Fed exemption

    Comment


    • #3
      Thanks for responding [I]daylate[I]. Thats a good point with the filings done in January. I anticipate owning some money with no refund. Just to clarify, when you say exemptions, are you referring to the BK filing as 1 exemption when I do my 2010 taxes?

      Comment


      • #4
        HR- No I was using the term exemption as it applies to the bankruptcy. So depending on which state you live in you can exempt certain things from your bankruptcy estate. In many states you can exempt a tax refund. But since you owe not an issue.

        Comment


        • #5
          Understood. Thank you!

          Comment


          • #6
            Hi HRoark0717,

            I would go w/ the 2009 but send a note along that 2010 hasn't been filed yet and if they need that you will provide it as soon as possible. It will come down to what the trustee wants to see, ours was OK w/ an estimated return as long as he had the year before.

            There is an odd disconnect in the BK law, you have to provide the tax return for the preceeding year, but you don't have to file your return until it is due on April 15th. If they enforced it by the letter, there would be no BK filings Jan-Mar....

            ...so obviously some flexibility is necessary...

            Tom in Colo
            Ch7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010

            Comment


            • #7
              Thanks for more clarification Tom! I have read over the past week that you offer excellent feedback to alot of people.
              Thats what I'll do...go with the 2009 and send a note saying 2010 hasn't been filed yet.
              Question: When you say, send a note, what is the proper way to construct this note? In a letter form? And if so, who do you address it to?

              Have another quick question about the online forms. I have noticed in some sections you need more space for writing but that space on the forms maxs out.
              How does ones overcome that issue with the online forms?

              Comment


              • #8
                Hi again HRoark,

                I would use an informal letter for the tax return situation, it is going to the trustee, not filed in the BK court.

                Aren't the online forms terrible? On the worst ones, I literally recreated them in msword. Noticed the court here in Colo has put out their own version. Hopefully better than the ones from uscourts.gov

                Tom in Colo

                ps: thanks for the compliment!
                Ch7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010

                Comment

                Unconfigured Ad Widget

                Collapse
                Working...
                X