The saying goes that there is nothing certain but death and taxes, and you know from experience how different types of taxes impact your life. Therefore, if you are considering bankruptcy, you can expect that a key topic will be taxed. You may be wondering, will filing for bankruptcy affect my tax return in Michigan?
Yes, filing for bankruptcy in Michigan can affect your tax return, especially regarding tax refunds, as they become part of the bankruptcy estate, but refunds for income earned after filing are yours to keep.
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