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What are the federal tax ramifications for filing Ch. 7?
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Icon Mini Profile allenadams





Joined: 29 Nov 2008

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Post Posted: Sat Nov 29, 2008 2:33 pm    Post subject: What are the federal tax ramifications for filing Ch. 7?
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If I qualify to file Ch. 7, I am wondering how my federal taxes will change.
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Location: Alaska
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Post Posted: Sun Nov 30, 2008 8:11 pm    Post subject:
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Hi gschattl!

Welcome to forums!

As far as I know, filing Chapter 7 bankruptcy is not a tax event. It will not lead to less or more income taxes by filing bankruptcy.

Feel free to ask if you have further queries.

Sussane
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