NAKEI, I dont KNOW the answer but I dont see why they would. How would repoing your car give you any income for the IRS to tax?? Is a collector/repo person threatening you?
No, the IRS will not take your taxes, on a repossessed vehicle or other property. However, the lender does have various legal options to get money owed them by an individual. This includes the ability to file a claim with the courts to garnish your wages and even your tax refunds.
You should check the laws in your state regarding "garnishment" because not all state allow for wage garnishment and that may also affect where your tax refunds can be garnished.
Your Answer
Related Questions
How do you file taxes after chapter thirteen?
Same as always.
Does bankruptcy change how you file taxes?
No
How many times can you file Chapter 7 bankruptcy and can you claim taxes?
No limit
Can you get your repossessed car back if you file Chapter 7 bankruptcy and start making payments?
You will have to ask your bank about that. They are in control now.
Can you file chapter 7 bancruptcy on back taxes?
Yes, although if the taxes are very recent (due within the past 3 calendar years) then they are not dischargeable. If you didint file taxes, then they are also non dischargeable.
Do you do file taxes if you filed a chapter 7?
Yes. And the court will likely want to see your return.
Do you get your vehicle back from repossesion after filing chapter 7?
Actually you can get your vehicle back if you file bankruptcy within 10 days of your vehicle being repossessed. Your attorney can file an emergency injunction if needed.
If your car is repossessed can they garnish your income taxes?
Not normally. They can however file a non wage garn and get your taxes when you deposit them into your checking or savings account. Usually only, government and state can withhold your taxes...i.e. back taxes, child support, student loans etc...
Can you file a chapter 7 from chapter 13 if you lose your job?
If you first were filing a chapter 13 you can change that to a chapter 7, it is called "motion to convert".
Have no money how do I file my taxes?
have no money how can i file my taxes
Do you have to file taxes if you are a student?
If you are 21 you have to file taxes
Do you still file your taxes if you file for bankruptcy?
Yes, bankruptcy does not change the legal requirement of the BK filer to file an income tax return.
Can you file taxes if on walefare?
Yes you can file taxes if you are on welfare.
Can you file your taxes at the DMV?
No, you cannot file your taxes at the DMV.
What can you file Chapter 13 on?
What is Legal to file Chapter 13 on ?
Minimum income to file taxes?
There is not a minimum income one must have in order to file taxes. Anyone can file taxes if they want.
Can you file creditcards interest on your taxes?
can i file creditcards interest on my taxes
Can you file personal bankruptcy and medical bankruptcy within a short time period?
If you are referring to a chapter 20 (chapter 7 + chapter 13), then yes it is possible. The BK court doesnt differentiate between the types of debts (i.e. taxes, mortgages, medical debt, or credit cards) so you cannot file a chapter 7 for personal debt, and then expect to be allowed to file a chapter 7 for medical debt soon after.
Can you file a business llc and personal taxes separately?
Do I have to file personal taxes if I own a small LLC? Or just file business taxes.
Can managers file taxes?
Sure. If you have income, you are required to file income taxes.
Can you file your taxes from 2008?
You can file up to 2 years back taxes.
If you filed a chapter 13 in Texas and now live in Mississippi can you file a chapter 7?
Bankruptcy is Federal, not state. While your state of residence changes which federal district you are in, it does not change your eligibility to file.
How after filing chapter 13 to file for chapter 7?
You may file for Chapter 7 at any time after filing Chapter 13.
If your license is still of Kentucky but you live in Tennessee what is your residency?
Tennessee. Your residency also bases on your taxes. when you file your taxes for Tennessee then your a resident there. If you file your taxes for Kentucky then your a reident in KentuxkyTennessee. Your residency also bases on your taxes. when you file your taxes for Tennessee then your a resident there. If you file your taxes for Kentucky then your a reident in Kentuxky
Do you have to file unemployment taxes this year?
If you got unemployment in 2012 you do have to file taxes if you didn't have the taxes taken out of the unemployment you received.
