.jpg)
Use of Tax Refunds as Income
Here is a revisit of the issue as to whether Earned Income Credit portion
of the tax refund can be exempted:
A bankruptcy court in Iowa has found that "public assistance benefit"
under Iowa
Code Ann. 627.6(8)(a) includes an EIC. See In re Longstreet, 246 B.R. 611
(Bankr. S.D. Iowa 2000).
Could Californian's make the same argument: C.C.P. 703.140(b)(10)(A)
~Social Security, unemployment, pub. assistance-100% Exempt. The Earned
Income Credit was found to be a public assistance. California exempts
public assistance.
Has anyone made this argument yet in California or 9th Circuit and lost?
If you have any questions or should you need any additional assistance, I
am here to help. Have a fantastic day!
R. Grace Rodriguez, Esq.
OFF: (818) 734-7223
CEL: (818) 554-9922
Here is a revisit of the issue as to whether Earned Income Credit portion of the tax refund can be exempted:
The post was migrated from Yahoo.