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does a chapter 7 or 11 bankruptcy eliminate certain income taxes due

Submitted: 571 days and 5 hours ago.

Category: Tax

Value: $15

Status: CLOSED

Fresno, California

Already Tried:
I filed bankruptcy, which was discharged on 2-6-06 but the IRS continues to harrass me, even though I cannot pay. I filed in the last year for $13,900. they also have placed a lean on me. Incidently my Calif taxes were reduced to only the year 2002.

Accepted Answer

Hello and thank you for using Just Answer. With a chapter 11 bankruptcy the IRS will waive some of the penalties and the court may grant an extended payout of the liability for up to six years from the assessment date of the taxes. In order for tax to be discharge in a Chapter 7 cases, a debtor must have filed his or her tax return for the years in question at least more than two years prior to the filing of the bankruptcy petition. In a Chapter 7 case, a debtor who has not filed his or her returns at all, or has filed them within the last two years prior to the bankruptcy, cannot discharge those taxes even if the tax has been assessed more than 240 days.

Expert:	Marvin,EA
Pos. Feedback:	98.5 %
Accepts:	1425
Answered:	8/25/2008

Enrolled Agent

10 years self employed , Income Tax Preparation & Representation

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does a chapter 7 or 11 bankruptcy eliminate certain income taxes due

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Fresno, California

Already Tried:
I filed bankruptcy, which was discharged on 2-6-06 but the IRS continues to harrass me, even though I cannot pay. I filed in the last year for $13,900. they also have placed a lean on me. Incidently my Calif taxes were reduced to only the year 2002.

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Question

does a chapter 7 or 11 bankruptcy eliminate certain income taxes due

Optional Information

Fresno, California Already Tried: I filed bankruptcy, which was discharged on 2-6-06 but the IRS continues to harrass me, even though I cannot pay. I filed in the last year for $13,900. they also have placed a lean on me. Incidently my Calif taxes were reduced to only the year 2002.

Accepted Answer

Related Tax Questions

Fresno, California

Already Tried:
I filed bankruptcy, which was discharged on 2-6-06 but the IRS continues to harrass me, even though I cannot pay. I filed in the last year for $13,900. they also have placed a lean on me. Incidently my Calif taxes were reduced to only the year 2002.