IRS Tax Return Tips and Tricks » Blog Archive » if a person files bankruptcy in the state of indiana, will they have to report it and get taxed on it?

if a person files bankruptcy in the state of indiana, will they have to report it and get taxed on it?

2 Stars

3 Stars

4 Stars

5 Stars

(No Ratings Yet)

Loading ...

irs rules

This entry was posted on Wednesday, July 28th, 2010 at 4:30 pm and is filed under IRS tax return. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

<a href='http://bargainbanner.com/openx/www/delivery/ck.php?n=af6be2b0&cb=7' target='_blank'><img src='http://bargainbanner.com/openx/www/delivery/avw.php?zoneid=64&cb=7&n=af6be2b0' border='0' alt='' /></a>

One Response to “if a person files bankruptcy in the state of indiana, will they have to report it and get taxed on it?”

James D Says:
July 28th, 2010 at 5:30 pm
A bankruptcy usually has no bearing on your tax return, since debts discharged by bankruptcy are not considered income in the way a discharge of debt outside of bankruptcy is. Unless you have a more complicated return, like one involving a business, it will probably not be a factor.
Report this comment

Leave a Reply