Posted on: 06th Jun, 2011 02:19 am
i had filed chapter 7 bankruptcy and got a discharge from it. i free of all debts at present. my query is that will i able to claim the discharged debts from my chapter 7 bankruptcy filing on my taxes?
Hi Kiera,
It is good to note that you have been discharged of your debts. Congratulations!. As far as I know, you won't have to claim the discharged debts on your taxes. Nevertheless, it will be a better option if you could contact a tax adviser or CPA in this matter and discuss it with him.
Thanks,
Jerry
It is good to note that you have been discharged of your debts. Congratulations!. As far as I know, you won't have to claim the discharged debts on your taxes. Nevertheless, it will be a better option if you could contact a tax adviser or CPA in this matter and discuss it with him.
Thanks,
Jerry