Personal Bankruptcy Forum


Author:   Dennis
Date:   January 4, 2001
Question:  

I filed a consumer proposal in 1999 and paid it off last year. It was dicharged in February 2000. The Trustee charged me his fee. Can I claim any of these fees or expenses on my income tax as deductions, and where would I claim them if I can?

 


From:
 

Shane Brenneis, Collins Barrow Limited
Date:   January 5, 2001
Answer:   No, a proposal or bankruptcy fee is not deductible to tax purposes.

Shane Brenneis
phone: (403) 298-1575
sbrenneis@moneyhelp.ca




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