The filing of a bankruptcy petition for an individual debtor under chapter 7 or chapter 11 of the bankruptcy code creates a separate taxable bankruptcy estate. The trustee (for chapter 7 cases) or the debtor-in-possession (for chapter 11 cases) is generally responsible for preparing and filing the estate's tax returns and paying its taxes. The debtor remains responsible for filing returns and paying taxes on any income that does not belong to the estate.
Have you filed bankruptcy?
所有跟帖:
• thx, so it is true then. -tank- ♂ (228 bytes) () 11/05/2006 postreply 09:54:28
• No, it is not true. Sorry, I don't discuss hypothetical case -beiyunshan- ♀ (0 bytes) () 11/05/2006 postreply 12:20:39
• why not elaborate a little on this? -tank- ♂ (389 bytes) () 11/05/2006 postreply 13:52:33
• Each case is unique. -beiyunshan- ♀ (2900 bytes) () 11/05/2006 postreply 16:49:03