Asked 2 months ago - Bellevue, NE
FlagI filed bankruptcy in 2011 and two years later they are saying I owe $1600.00. How is that possible. I didn't know I could be taxed in 2013 for a 2011 bankruptcy. What should I do?
I recommend reading the documents you received closely. A client of mine recently received the same letter you probably did. On the 4th or 5th page the IRS tells you to send a copy of your discharge to them, and to tell them you don't owe the tax b/c you filed bankruptcy. See a tax professional to see if you should also file IRS form 982, as well.
You are not taxed for filing bankruptcy. You can be taxed on debt forgiveness, but not for debt discharged in bankruptcy. Some of your creditors may have reported debt forgiveness before or after your discharge. You'll likely need a tax professional (and I don't mean a tax store) to help you. I'd recommend a CPA or Tax Attorney.
To answer your question, I would first review your original bankruptcy petition. I think your question is confusing, but my answer assumes it is an income tax liability that was owed at the time of your bankruptcy fiilng. Review it. If is for a tax older than 3 years from the time of filing, they may or may not be discharged. Also, if the tax was incurred within 3 years of filing it would not be dischargeable. Check with your bankruptcy attorney about your tax issue and how it may relate to your filing.
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