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Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2815
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
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If I have used all my wildcard exemption and have none left

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If I have used all my wildcard exemption and have none left for my expected tax refund still owed to me, will I not include the tax return on Schedule C?

Terry L. : Hi, thanks for your question. You should hire a lawyer for specific legal advice. No attorney client relationship is created here.
Terry L. : You would list the return on schedule B.
Terry L. : You would list as much as you can exempt on schedule C.
Terry L. : If there is no exemption you are using for it, then nothing goes on C.
Terry L. : You list all assets on B, and any exemptions you are using on schedule C.
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