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  1. #1
    Join Date
    Mar 2012
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    3

    Default What Happens If You Still Owe Taxes After a Chapter 13 Plan

    My question involves bankruptcy in the state of: Maryland


    Hello,

    I am in a Chapter 13 which I have a 60 month plan. The case is scheduled to be over in June. I filed this case based on tax debt. A couple of questions
    1. I looked online and I am about 2,200.oo from paying off the secured debt to the IRS which should happen by the end of June since thats who my Trustee has been paying throughout the plan, However by my calcualtions I will be about 2,500 dollars short of the plan base so what will happen?
    2. The state of Maryland never put a claim in even though they were notified and they show as one of my debtors. What options will I have with the state once the case is over?

    Thank You

  2. #2
    Join Date
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    Default Re: What Happens If You Still Owe Taxes After a Chapter 13 Plan

    If you're not sure how much money you owe to the IRS, ask the IRS how much you owe.

    You already have another thread going on your state tax liabilities.

  3. #3
    Join Date
    Mar 2012
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    3

    Default Re: What Happens If You Still Owe Taxes After a Chapter 13 Plan

    The IRS will be paid in full at the end of my plan. The priority part part. But what about the plan base being off by 2,500 even though the IRS will be paid off which is the only person the trustee has paid

  4. #4
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    Default Re: What Happens If You Still Owe Taxes After a Chapter 13 Plan

    If the IRS is overpaid, they will (generally speaking) eventually figure that out and credit your account. If they're underpaid, they will want their money. So again, if you're not sure how much money you owe to the IRS, ask the IRS how much you owe.

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