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I filed for bankruptcy 9-2009 It was discharged in 2009 and my refund for tax year 2008 was disclosed and not touched will I get my 2009 refund?
Yes
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Can you receive a tax refund this year if you filed bankruptcy last year?
You need to discuss this with your attorney. Once you receive your tax refund, it's part of your personal assets that could be seized to pay creditors. If you file bankruptc…y before you get your taxes then the government will keep your tax refund and put it towards your debt. The bankruptcy court has 1 year to go back and open your case even after your bankruptcy has been discharged. If you can prove that the money is needed/used for catching up rent or other nessacery bills they will not take it.
Do you get tax refund after bankruptcy discharge?
Depends on if your due a refund to start...and if it was taken from earnings before your filing or after.
If you file February 10 2009 will the trustee take your 2008 tax refund?
Very likely...the money being refunded is from what you overpaid into, essentially, a savings account at the IRS with your name on it. Had you had the correct amount withheld,… the extra in your check would have rightfully been available to pay your debts with then (before filing BK). It is a pre-petition asset...like any bank account or such. You could have had much more withheld from your check easily, paid even fewer obligations....and then had a bigger refund...that doesn't mean you should get to keep it while others go unpaid..
In reality, many trustees ignore small amounts of refund.
You expect a tax refund this year will filing chapter 13 bankruptcy in 2008 affect your refund?
The amount, no.
Will some part of it likely be used to pay your debts (because if you didn't have too much withheld that is what I'm sure you would have done with it then), y…es.
Does anyone know when we receive our 2009 Alabama Tax Refunds?
You will get them by September/October time frame. They are pretty much busted!!!
Can wv take our refund in march 2009 after filing bankruptcy in dec 2008?
Your refund is for overpayments into that "savings account" with the Gov't to pay your taxes and was done with the money made BEFORE you filed, so it is part of the BK..
With…holding is under your control, YOU had too much withheld all through 2008 (you could have had 100% of your earnings put into the tax account), that could have been used to pay your debts....why should you get to keep it now?
When can 2009 tax refunds start being filed?
I- CAN !® E- File E-Filing for tax year 2009 begins January 18, 2010. Welcome to I- CAN !® E- File . I- CAN !® E- File can help you prepare and E- File …your taxes . ... We have FREE online chat available to help you with any questions you have about using I- CAN ! ... www.i can e file .org/ - Cached - Similar I found this and the date says January 18, 2010 is the first day to e-file so I am assuming this would mean filing any taxes.
You owe taxes for 2008 will they take it out of your 2009 refund?
This could happen and probably will take place you will be notified if it does happen.
Anyone received 2009 tax refund?
NO. The first refunds from the IRS if your income tax is prepared correctly and transmitted electronically on-line between JANUARY 15 AND JANUARY 21 with Direct Deposit and AC…CEPTED by the IRS your refund amount may be sent DIRECT DEPOSIT JANUARY 29 and if not DD the refund may be mailed out on February 5 2010.
Can you file your 2008 with your 2009 taxes?
No. Each year must be filed separately using the correct forms andtables for the tax years when the income was earned. Adding twoincomes together would probably not be to your… advantage anyway.Either way, you cannot do this as it would cause you a real mess tofix when the IRS found your error.
Will the bankruptcy court take a tax refund after your bankruptcy is discharged?
Usually not. Your bankruptcy petition will ask you for information on whether or not you received a tax refund for the year prior, but they don't usually track you afterwards …to find out if you got a refund after your discharge. You are applying for a clean financial slate, and taking away your refund would negate that purpose. If in doubt, check with your bankruptcy attorney for more clarification.
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Refund information on 2009 tax return already filed?
Check the Status Online The fastest and easiest way to find out about your current year refund is to go to the IRS gov web site and click and on left side of the page under O…nline Services choose the Check on Your Refund "Where's My Refund?" link at the IRS.gov home page. To check the status online you will need your Social Security number, filing status and the exact whole dollar amount of your refund shown on your return. Check the Status By Phone You can check the status of your refund by calling the IRS Refund Hotline at 800--829--1954. When you call, you will need to provide your Social Security number, your filing status and the exact whole dollar amount of the refund shown on your return. Click on the below Related Link
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When can you expect your 2009 income tax refund?
For a mailed 1040 income tax return and no direct deposit selected. IF you have any refund amount due you then you would receive a paper check IF you used your correct mailing… address on your correctly completed income tax return. If your income tax has been completed correctly and filed to the correct IRS address and IF the IRS accepts your income tax return as you filed it. If your income tax return was NOT completed CORRECTLY and the IRS does NOT accept it as you filed it then you will receive a letter or notice with some contact information and some information telling you what you will have to do to correct the original filed income tax return. Paper Return Processing Time If you file a complete and accurate paper tax return, your refund will usually be issued within six weeks from the date it is received. Returns Filed Electronically If you filed electronically, your refund will normally be issued within three weeks after the acknowledgment date. Check the Status Online The fastest and easiest way to find out about your current year refund is to go to the IRS gov web site and click and on left side of the page under Online Services choose the Check on Your Refund "Where's My Refund?" link at the IRS.gov home page. To check the status online you will need your Social Security number, filing status and the exact whole dollar amount of your refund shown on your return. Check the Status By Phone You can check the status of your refund by calling the IRS Refund Hotline at 800--829--1954. When you call, you will need to provide your Social Security number, your filing status and the exact whole dollar amount of the refund shown on your return. Click on the below Related Link
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When can i get my IT refunds for the year 2008-2009 For me there is no IT for the mentioned year but my company deducted 4k after the tax filing they found that no tax for me?
IT refunds. Income tax refunds for the tax year 2008 and 2009. You will have to take your copies of the correctly completed 1040 federal income tax return and contact the IRS …about this matter of your missing incoming tax refunds if they were sent to the correct IRS address when they were filed. You can find local contact information for the office in your area by going to the IRS gov web site and at the top of the page above the search box choose CONTACT IRS. You can check the status of your refund by calling the IRS Refund Hotline at 800-829-1954. When you call, you will need to provide your Social Security number, your filing status and the exact whole dollar amount of the refund shown on your return. The fastest and easiest way to find out about your current year refund is to go to the IRS gov web site and click and on left side of the page under Online Services choose the Check on Your Refund "Where's My Refund?" link at the IRS gov home page. To check the status online you will need your Social Security number, filing status and the exact whole dollar amount of your refund shown on your return.
Answered
Will you get your tax refund if you file for bankruptcy?
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.
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How long does it take for a trustee to refund your tax refund after filing chapter 7 bankruptcy?
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.