Comments on: if a person files bankruptcy in the state of indiana, will they have to report it and get taxed on it? http://netclubusa.net/irs-tax-return/if-a-person-files-bankruptcy-in-the-state-of-indiana-will-they-have-to-report-it-and-get-taxed-on-it/ Be smart, do your taxes on time! Fri, 06 Jul 2012 04:39:35 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: James D http://netclubusa.net/irs-tax-return/if-a-person-files-bankruptcy-in-the-state-of-indiana-will-they-have-to-report-it-and-get-taxed-on-it/comment-page-1/#comment-4395 James D Wed, 28 Jul 2010 17:30:12 +0000 http://netclubusa.net/irs-tax-return/if-a-person-files-bankruptcy-in-the-state-of-indiana-will-they-have-to-report-it-and-get-taxed-on-it/#comment-4395 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. 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

]]>