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Can I use the wild card exemption to keep my income tax refund. If so, please specify the law -- CCP 703 or 704?

Irvine, CA |

USBK Central District, Chapter 7 filing.

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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).