I have a bankruptcy and tax return concern. If I filed bankruptcy last year, will I lose my refund?
No. Details about bankruptcy and tax refund issues follow:
If your refund was offset and the IRS was aware of the bankruptcy, contact:
- Bankruptcy court — Request a referral to insolvency. This will reverse the debt offset, and your refund money will be issued with code BPI 3.
- Agency on the offset notice or the Department of Treasury’s Bureau of Fiscal Service (BFS) — Request the offsetting agency issue a refund. You can call the BFS at 800-304-3107 or TDD 866-297-0517.
Depending on the type of return and bankruptcy you filed, the bankruptcy estate might take your refund to pay your other debts. If you have questions about this, contact the bankruptcy trustee.
The IRS has accepted your tax return, but you were charged a penalty. Learn how to address IRS letter 2769 from the tax experts at H&R Block.
A field audit is a face-to-face examination. Read the IRS definition and get more insight from the tax experts at H&R Block.
Learn more about letter 2531, why you received the letter, and how to address it with help from the tax experts at H&R Block.
Learn about the IRS Return Delinquency Program. Read the IRS definition and get more insight from the experts at H&R Block.