Q: I'm in a open 31 bankruptcy and owed the irs money which is included in my plan, last yr 2023 I got a refund will I get
Will I get a refund again for 2024?
A: You're required to turn the refund over to the bankruptcy trustee. You are also required to provide copies of your income tax returns to the trustee or your case is subject to dismissal.
Timothy Denison agrees with this answer
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A:
Since you're in a Chapter 13 bankruptcy, your situation with the IRS and any tax refunds can get a bit complicated. If your plan includes paying off tax debts, it's possible that a refund may be intercepted or used to satisfy those debts. The bankruptcy trustee may have the right to take any refunds you receive, depending on the terms of your repayment plan.
For 2024, the situation will depend on the specific details of your case and what your plan allows. Some plans might require that any refund you get goes directly to the trustee to apply toward your debts. If you have disposable income that you were using to fund the plan, it’s possible the refund will also be considered part of that income.
It's important to review your plan with your attorney or the trustee to understand the exact terms and how they apply to your 2024 refund. They can give you more specific guidance on whether you can expect to receive a refund or if it will be applied to your outstanding debts.
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