Chapter 13's advantages in paying off your priority income taxes become clearer when you see what you don't have to pay.
Bankruptcy can prevent future income tax lien recordings against your home. The result: paying nothing on the tax vs. paying it in full.
Do you expect to owe income taxes for the 2018 tax year? Starting January 1, 2019 you can wrap that tax into a new Chapter 13 payment plan.
With the income tax return filing deadline of April 15 now one month away, here is our effort at making taxes interesting.
If you can't discharge your income tax debt through Chapter 7, or make workable payment arrangements on your remaining tax debt, then Chapter 13 can be a good solution