Page 1 of 1

Lanning adjustment on chapter 13 means test

Posted: Mon Nov 17, 2014 12:24 pm
by Yahoo Bot

This issue seems to be addressed by the new forms (which go into effect on
Dec 1). Not sure if you can use them ahead of time.
See item #46 here:

The post was migrated from Yahoo.

Lanning adjustment on chapter 13 means test

Posted: Sat Nov 15, 2014 9:55 am
by Yahoo Bot

Have an unusual case where chapter 13 means test shows significant DMI due
to unusually high 2nd job income received by debtor in 6 month period
covered by means test. Debtor no longer works 2nd job so Schedule I
reflects more realistic figures.
Would like to make a Lanning adjustment to the Means Test, but not sure
where on the Means Test to put it. Any thoughts?
Kirk Brennan
CONFIDENTIALITY NOTICE: This e-mail and any attachments are for the
exclusive and confidential use of the intended recipient. If you are not
the intended recipient, please do not read, distribute or take action in
reliance on this message. If you have received this message in error,
please notify us immediately by return e-mail and promptly delete this
message and its attachments from your computer system. We do not waive
attorney-client or work product privilege by the transmission of this
message.
TAX ADVICE NOTICE: Tax advice, if any, contained in this e-mail does not
constitute a "reliance opinion" as defined in IRS Circular 230 and may not
be used to establish reasonable reliance on the opinion of counsel for the
purpose of avoiding the penalty imposed by Section 6662A of the Internal
Revenue Code. The firm provides reliance opinions only in formal opinion
letters containing the signature of a director.
Have an unusual case where chapter 13 means test shows significant
DMI due to unusually high 2nd job income received by debtor in 6 month
period covered by means test. Debtor no longer works 2nd job so
Schedule I reflects more realistic figures. Would like to make a Lanning adjustment to the Means Test, but not sure where on the Means Test to put it. Any thoughts?--
The post was migrated from Yahoo.