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View Full Version : My husband and I filed Ch.7 Bankruptcy last year. Is this considered taxable income?


tkp360
Jan 31, 2011, 07:50 PM

AtlantaTaxExpert
Feb 7, 2011, 11:29 PM
Negative. The Chapter 7 process gives you a complete clean slate, with NO tax liabilities UNLESS you owed back taxes which were NOT addressed in the bankruptcy.