I'm drowning in credit card debt (40,000) ,Ive already contacted a BK lawyer. but I havent filed income tax in 3 yrs and I'm afraid everything is going to bite me on the ^#%^ !!!. I havent filed for 2004 and the job I had for 2002-2003 was under the table. I'M saving money to give to my lawyer so he will start the BK paperwork, but now I'm worried about back taxes.
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I'm no expert here by any means, but here's what I would do.
File your tax returns before going through with the BK. Your BK attorney will need them anyway. I assume you'll be owing money so set up a payment plan with the IRS and whatever state you live in.
Owing money to the government isn't a crime [as long as you make your payments] so I wouldn't worry about it.
I hope this is helpful...
Anyone else have a suggestion? -
Yeah, complete your tax returns for each year, file them, then go see a BK attorney.Comment
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