Can I use the wild card exemption to keep my income tax refund. If so, please specify the law -- CCP 703 or 704?
Asked over 5 years ago - Irvine, CA
USBK Central District, Chapter 7 filing.
Attorney answers (1)
Yes, tax refunds can be claimed as exempt in an amount up to $21,825 under the so-called "wild card" exemption of California Code of Civil Procedure Section 703.140(b)(5).