What would you like to do?
Contact your local property tax department and request a copy of the form that you will need to use to file for the property tax refund or you could try and see if this could be done online at the local property tax online website.
3 people found this useful
Was this answer useful?
Thanks for the feedback!
Possibly, but it's unlikely.
If you live in a community property state and only your husband files for bankruptcy and you file your taxes separately can the bankruptcy court take your portion of your tax refund?
Yes, unless you also file papers for an "Injured Spouse" which may or may not relieve you also of the tax burden.
It makes no difference. The refund of your overpayment is an asset that is part of your BK anyway. It was overpaid using funds before your filing, that would/could have …been used to pay debts..it is a pre-ptition asset...simply on deposit at the Gov't. When you file to receive it is irrelevant.
Rapid refund and such are done by private companies and are fancy names for very expensive loans. If your paid on a 1099, you were required to make estimated tax payments thro…ugh the year, and if you overpaid on those, and therefore have a refund coming, I suspect they would give you that loan. But if that's the case, as the last payment was due 12/15, you should have sent less...not sent a lot and then borrowed money at a huge charge waiting to file a return and get it back.
I depends on the type of bankruptcy and your agreement with the trustee/court.
ALL your property (all your assets) AND all your liabilities are included...always..you do not pick and chose. You cannot go BK on a speci Save fc debt. They are given diffe…rent priorities, some debts may not be discharged (like child support), and some assets (like household goods, work tools), may not be used. Secured debts. (and property taxes are secured to the property being taxed), get first claim to the proceeds from that asset. Answer Real estate taxes cannot always be discharged in bankruptcy. Determining whether they can be discharged requires some investigation by an attorney who specializes in bankruptcy law. A secured debt for property taxes would be perfected by the recording of a tax lien in the land records.
file an additional information page to amend your tax refund and show the additional information and file it again, then just wait they will certainly contact you if you… made a mistake. Where ever you get your taxes done can do this for you also.
Yes, if for no other reason than to get your State refund
Yes. Do you think the IRS should just presume that everybody who doesn't file doesn't owe any taxes? 26USC6012 requires anyone having more than a certain amount of income …to file a tax return. 26USC7203 makes willful failure to file a return a crime punishable by up to a year in jail and/or a $25,000 fine. Neither of these laws carry any requirement that you owe money. It is extremely rare, but people have been successfully criminally prosecuted for failure to file even though they might owe no money. See Spies v. United States, 317 U.S. 492, 496 (1943); United States v. Wade, 585 F.2d 573, 574 (5th Cir. 1978). Is the typical guy whose only source of income is a W-2 on which he had way too much tax withheld going to get prosecuted? No. Maybe if he gets arrested for something else like drugs, a tax charge might be piled onto his case. Or if he sends threatening letters to the IRS commissioner, they might take revenge. But not typically. People who have never had any income other than a W-2 forget one fact: The IRS does not know whether you owe any money until you file your taxes. A lot of people have income from other sources that does not get reported on a W-2. They owe income tax on that, too. And the IRS does not know that you have dependents or have deductions or whatever unless you file a tax return. They need that statement, sworn under penalty of perjury, of your income, deductions, exemptions, credits, and so on to properly calculate whether you owe taxes. If you don't send it to them, they will make certain worst-case assumptions about you and could even pursue you for taxes you don't owe. And if you don't file, the statute of limitations never starts running. That mean that the IRS can hound you over whether you owed taxes forever. There are also certain elections that need to be made on or before the filing date. Failure to make these elections in a timely manner means you forfeit the opportunity. For example, you can take a return of your current year IRA contribution or recharacterize a contribution up until October 15 of the next year, but only if you file your return (or an extension) on time, even if you don't owe money. Now many people will point to the fact that the civil penalty (as opposed to the rare criminal penalty) for filing late is based on the amount of money you owe. If you don't owe any money, the penalty is $0. (Note: some states impose penalties that may not be based on the amount you owe.) They then extrapolate that to mean you are not required to file and nothing will happen if you don't. These people do not know the big picture. And I don't know how many times I've seen people say "I always get a refund" but this year they don't. And they don't realize it because they haven't filled out their taxes. Or they make a mistake on their taxes and the IRS catches them. They end up paying thousands of dollars in needless failure to file penalties because they didn't file on time.
Can tax levy's be filed against tax refunds by property owners who have a court issued order for tenants to reimburse back rental fees as well as court costs?
I think your confsing terms and such. If you have a judgment against someone you can probably garnish their income or attach assets. You will not be able to do anything to th…eir tax refund, if in fact they have one until they deposit it and the garnishment/attachment applies. Individuals do not issue tax bills, tax levy's or the like - only governments.
No not always sometime you can up owing some income tax or even no refund and not owe any amount.
Call the IRS 800-829-1040.
You cannot get a refund if you don't file. But even if you are years late, you can still file and apply for your refund. It does not expire.
Whether you are entitled to your tax refund will depend on what type of Chapter of bankruptcy you are filing and whether the bankruptcy exemptions can be used to protect the t…ax refund. If you are filing for Chapter 7 bankruptcy then you can generally keep the refund if the available state bankruptcy exemptions provide protection for it. If you are in a Chapter 13 bankruptcy you are typically required to turn over the tax refunds during the life of the Chapter 13 case.
The tax refund goes into the bankruptcy estate. If your chapter 7 filing did not exempt the refund, the money will be used to pay the trustee and to pay your debts pro rata. T…hat is, each creditor gets an amount equal to the percentage the debt is to the total indebtedness. You are not likely to get anything back, but if all the debts are paid off 100 per cent and the trustee is not entitled to any more money, the balance will be paid to you. The trustee should have decided what s/he is going to do. If you have a lawyer, s/he should discuss it with the trustee. You can also talk to the trustee or your case manager. I doubt you will get any of the refund, but make sure to stay on top of the issue and get notices of any trustee motions regarding these funds.
If you were entitled to a refund on April 15th, and the penalty forlate filing is not more than your refund, and you file within threeyears of the original due date of the ret…urn (including anyapplicable extensions of time to file), then, yes, you will get arefund.