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    tkp360's Avatar
    tkp360 Posts: 1, Reputation: 1
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    #1

    Jan 31, 2011, 07:50 PM
    My husband and I filed Ch.7 Bankruptcy last year. Is this considered taxable income?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    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.

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