Daily Archives: 8:00 am

Catch tax deductions in Chapter 13 payments

It’s tax season:  don’t forget to write off the deductible expenditures made by your  Chapter 13 trustee on your tax return.  Many Chapter 13 plans are paying mortgage arrears (which are almost exclusively deductible interest), taxes of some sort, or business expenses.  These items should be deductible to you. You can get a report from…