Bankruptcy Ontario: Free Information about Bankruptcy in Ontario

Income Tax returns and bankruptcy

Posted on Tuesday, February 13, 2007

If you declare bankruptcy, how does this affect Tax Returns?

1 Comments:

At 7:28 AM, Blogger J. Douglas Hoyes, CA, Trustee said…

Your trustee is required to file all outstanding tax returns up to the date of bankruptcy. All refunds go to the trustee for distribution to your creditors.

Most trustees in Ontario also file your tax returns for the entire year of bankruptcy. Your trustee can provide you with more information, or contact us for more information.  

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