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How can you keep your income tax refund if you are under Chapter 13 and not in default?
Bankrupt and still having troubles with the basics... (like you may not be in default of your C 13 payment agreement (and not being in default isn't something to be rewarded...it is expected) ...but by being in BK you are clearly in default of many agreements you have made on what you would do...YES, YOU ARE IN DEFAULT to many people who relied on you paying differently than you are...and that they still likely won't get all of what you promised they would.)
When you made a debt you promised/swore/contracted/begged to be allowed..... to pay it using money you would get and give over.
You promised this money to pay your debts.
This money isn't really yours since you committed/promised it to someone already.
Keeping it in spite of the similar promises and directions to pay it over to the court is criminal. Generally fraud.
(You want to pay your debts and make good on your promises, don't you?)
What else can I help you with?
Why can a trustee take your income tax return if you are filing a chapter 7 bankruptcy which relieves you of your debt and does the trustee give the money to the creditors?
The trustee may take the refund and distribute it to creditors because a tax refund is not considered an exempted asset under bankruptcy laws.
If you file a bankruptcy 7 in August what happens with your tax refund that you may be entitled to the next year and thereafter?
If the debtor is entitled to receive an income tax refund or a similar nonexempt asset in the near future, he or she should not file under chapter 7 until after the refund or asset has been received and disposed of. Otherwise, the refund or asset will become the property of the trustee.
If you file a bankruptcy 7 in August what happens with your tax refund that you are entitled to the next year and thereafter?
If the debtor is entitled to receive an income tax refund or a similar nonexempt asset in the near future, he or she should not file under chapter 7 until after the refund or asset has been received and disposed of. Otherwise, the refund or asset will become the property of the trustee.
When do i get your income tax?
You will not get MY income tax refund amount. And you will not your income tax refund amount until you have completely your 1040 federal income tax return completely and correctly and filed it to the correct IRS address and the IRS has accepted your tax return as you have filed it. 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. July 30 2010
Do you need a minimum income to qualify for a chapter 13 bankruptcy?
No minimum income amount is required but the debtor must have a regular source of income and qualify under the maximum amount of secured and unsecured debt guidelines.
W-2 under 200.00 require to file?
Not if you do NOT have any other amounts of gross worldwide income from any other sources. If any federal income tax was withheld you could choose to the 1040 federal income tax return and get a refund of the withheld FIT amount.
Proforma of Indemnity Bond if cheque is expaire?
Hope this helps! Whereas I, XYZ, age XYZ years, residing XYZ am a regular assessee of Income Tax Act and have been filing income tax returns regularly under PAN XYZ That for AY XYZ I had filed return of income on XYZ under machine no XYZ with Ward XYZ and had claimed a refund of XYZ for the same. I hereby state that I have neither received the said refund nor any intimation under section 143(1) for the same. I had asked for the refund with the Ward XYZ. It was learnt that the said return of income was not traceable in the income tax offices. On the suggestion of the Income Tax Officer under Ward XYZ and in order to avoid any further correspondence and/or legalities regarding the said refund I do hereby execute this Indemnity Bond in order to complete the records. That I, XYZ, for and behalf of myself ,do hereby bind myself further guarantee that I shall indemnify the IT Department and/or the Government of India for the same and further guarantee tha I shall imdemnify the IT Department and/or the Government of India to the extent of obligation under law in respect of and in relation to the refund for the assessment year XYZ In witness whereof I do hereby, hereunder set my hand and seal on this Indemnity Bond on this XYZth day of XYZ. Signed/-
Do you have to file a federal income tax return if you only made less than 3000?
Usually no. If you're Single under 65 and your gross income is under $8,950 for 2008 (under $9,350 for 2009), then you aren't required to file. However, even if you're not required to file, you should file if income tax was withheld from your paychecks in order to receive a refund of that tax. You also should file if you're eligible for certain tax credits such as earned income.
Can dependents file taxes?
Yes. The IRS has income guidelines for determining whether dependents are required to file their own tax returns. Generally, for 2008 income, dependents are required to file if single under 65 with earned income of over $5,450 ($5,700 for 2009) or if married under 65 with earned income of over $6,800 ($7,100 for 2008). Even if your income is below the level requiring you to file, you should file if income tax was withheld from your earnings in order to receive a refund of that tax.
If you make under 12000 in Michigan can you get back all of your taxes?
Probably not. But you will NOT know the correct answer until you fill out your 1040 federal income and state income tax return correctly down to the last lines where it says taxes owed or tax refund amounts.
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
Can you return camper to dealer?
For a refund? NO! This type purchase does not qualify under the Cooling Off Period Law.For a refund? NO! This type purchase does not qualify under the Cooling Off Period Law.
