Post Bankrupt Returns
Federal Non-Refundable Tax Credits
Is the Basic Personal Amount of 8,648 supposed to be prorated on the Post Return
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Federal Non-Refundable Tax Credits
Is the Basic Personal Amount of 8,648 supposed to be prorated on the Post Return
Yes it is – a portion will have already been claimed (used) on the PRE bankruptcy return and therefore only the residual portion may be claimed on the POST.