25 Sep IRS and Bankruptcy
Sometimes people forget that life in general still continues while you are in bankruptcy. This includes the fact that you must file your tax returns on time just like any other year. I am sure you have heard the phrase, there is nothing certain but death and taxes.
Do you have to file your tax returns when you file a bankruptcy? Bottom line, yes. Check here for the IRS publication of bankruptcy and your tax returns. You can read about such items as debt cancellation and how to file returns if you are in a Chapter 7 or Chapter 13
If you have questions about your taxes you can contact the IRS at 1—800—829—1040.
Written by Rachel Lynn Foley, Kansas City Bankruptcy Attorney.