New to chapter 13 - tax season question.

[stlrs]

Thanks for the input. I was thinking the same thing. The accountant was making it sound very confusing. I was thinking since I don't have to turn over my refund, 100% payback etc. than why is it so difficult. Thanks again.

[jcj112562]

Hmm...well, let's see...lawyer who knows bankruptcy and requirements therein...or tax preparer, who is interested in getting more of your money. 1099 forms are just the interest you get, dividends, etc. from banks, etc, and interest paid. I finished a Ch13, and nowhere did I need to do any special tax goodness. Your mileage may vary, but I would listen to the lawyer, who I think would know far more about what needs to be done in a Ch13 with taxes than your average tax preparation person/company.

John

[stlrs]

Hello all,

I have a few questions about doing my taxes this year. I called H and R Block and they told me since I filed Chapter 13 doing my taxes is going to be very in depth. The accountant said I need 1099 forms or something. He needs to know which creditors forgave me, when etc.

I called my attorney and he told me I just do my taxes like I never even filed BK since taxes are based on income. It's in my BK plan that I keep my returns. I don't need to turn them over to the Trustee. I'm in a 100% repayment plan to unsecured, all debt is/was unsecured.

Thoughts? I'm being told 2 completely different things so not sure if I need specific paperwork etc.

Thank You.