Does filing chapter 7 leave me in danger of the IRS auditing my taxes? My trustee says bring last year's taxes to the 341--I paid on time, but don't want an audit. I couldn't find this in any of the threads.
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There is no correlation between filing bankruptcy and a tax audit.Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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You will discover, as well as 99% of others, that the 341 Meeting is a 5 minute Q&A which is all hype but turns out to be nothing!Originally posted by vee1 View PostThanks for setting my mind at ease. This 341 meeting tomorrow is stressful enough.Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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i don't want to unease you mind, however, audits are usually audits for a reason, so if you have no reason and the IRS is not involved deeply in your bk you should be just fine.
i like audits myself when we were young we got audited (yes ONLY us six times) for nothing, they ended up owing us each time. thank heavens laws have changes and poor little people like us don't keep getting picked on.
we had odd ones like were is your w2 for this...it's listed on the front page
you claim you have two children and we see just one ...we did i labor them both
your name is wrong...no honest that is my real name8/4/2008
MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9
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The Trustee request has absolutely nothing to do with an IRS audit. It is to make sure you are complying with one of the requirements to receive a discharge. The requirement is that you have filed all tax returns for which one was due prior to the discharge. The other thing that the Trustee uses the tax returns for, is to evaluate what income numbers you used on your petition and means test and compares them to what is on your tax return. Additionally, a tax returns give the Trustee a lot of income and expense related insight, including but not limited to dependent information.Originally posted by vee1 View Post
The IRS isn't involved in my audit. I'm just curious why I need to bring the last tax return and the trustee received the last two tax returns by mail from me.
(Also, many Trustees will tell you to bring the last 2 to the meeting just in case they did not receive them by mail or from the debtor attorney.)Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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actually what i meant was that many people that file owe the IRS millions, thousands etc., thus they are involved at a "higher" level at some point of ones bk. as jb points out the trustee has nothing to do with what you may or may not owe the IRS. again the returns are used mostly to verify consistency in one's income, again as jb as stated.8/4/2008
MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9
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