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How do you find the magic number "allowable exemptions" for your personal property for the state/district? I've looked everywhere and I haven't been able to find them.
I'm California Central District.
This is a website that lists the IRS allowable expense limits that the Trustees use. These are for those filing after 2/08. Search around in here to find alot of info regarding allowable limits.
Official website of the U.S. Department of Justice (DOJ). DOJ’s mission is to enforce the law and defend the interests of the United States according to the law; to ensure public safety against threats foreign and domestic; to provide federal leadership in preventing and controlling crime; to seek just punishment for those guilty of unlawful behavior; and to ensure fair and
This a U.S. Trustee Program website through the Department of Justice. Scroll down for various charts on different catagories.
Lots of info on here. One thing worth mentioning is that dependant upon district the allowable vehicle expense is considered for those with a balance on thier vehicles. Some who have owned thier vehicle outright have tried to take that owner's exemption only to find that the trustee would not allow it. Sometimes it is allowed, sometimes not. We owned our vehicles outright so we did not even bother to claim and owner's exemption on them.
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