Posts Tagged 'Tax Returns'

More than 50% of Support

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Chapter 7 Riverside Bankruptcy Trustee Karl Anderson. As noted in previous posts, Mr Anderson is a CPA as well as a Bankruptcy Trustee. Mr. Anderson reviews each of the tax returns provided by the debtors at the hearings.

One of the questions he asks to the debtors has to do with the dependents listed on the tax return. Trustee Anderson will ask “Have you given to the dependent more than half of the dependent’s support.”

This question comes up when ...

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