tax returns

[dylancarly]

I filed a chapter 13 under the new laws and was wondering if any debtors have been requested by their trustee to submit tax returns during their bankruptcy? and/or updated schedules I and J?
Thanks

[newbie2]

I'm in Michigan and under the new laws also. The booklet we received from the Trustee states that you have to send in your tax returns each year, whether you get a refund or not. In our case we will owe approximately $600. There was nothing stated about updating the schedules. ( Hopefully that isn't something they are going to ask for every year! ) I do think though that their specification of "even if you don't get a refund" means that if they see an increase in income that they will want the payments increased.

I'm interested to see how all of this plays out in the coming year for us "new law" filers.

[dac67]

My lawyer said we can keep our tax return, expecting around 800.00 here.
We may not have to show tax papers for 2006 either. Hopefully not!!!

[gunsmoke]

Depends on the trustee. Some don't care , some will try anything to get more money.

[lrprn]

Our trustee sent us a letter stating he expects to receive a copy of our 2006 tax returns before May 1 or he will dismiss our case. We just did our taxes and are getting a total of $1500 back from federal and two states (we work in one state and live in another). We expect our trustee is going to take the entire $1500 - if he doesn't, then won't that be a lovely surprise?