Are there any taxes due to the IRS from the discharge of the debts after completing a ch13 5yr plan?
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Nope, I don't believe so. -
no. you may still need to file paperwork indicating that the debt was discharged but there are no taxes due on it.Filed Ch 13 Feb 9, 2012, 341 meeting Mar 15, 2012, Confirmed Apr 5, 2012
Anticipated freedom party Apr 2015
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And you only have to do that if you receive a 1099C from one of your creditors.Originally posted by TheBajan View PostLadyInTheRed is in the black!
Filed Chap 13 April 2010. Discharged May 2015.
$143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!Comment
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This is true. Thank you Lady for clarifying.Originally posted by LadyInTheRed View PostFiled Ch 13 Feb 9, 2012, 341 meeting Mar 15, 2012, Confirmed Apr 5, 2012
Anticipated freedom party Apr 2015 Comment
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