This form is Schedule C. The form may be used to list information concerning exempt property. The form contains the following categories: description of the property; value of the claimed exemption; and current market value of the property. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.
Virgin Islands Property Claimed as Exempt - Schedule C - Form 6C - Post 2005
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How to fill out Property Claimed As Exempt - Schedule C - Form 6C - Post 2005?
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(Official Form 106C) lists the property that you believe you are entitled to keep. If you do not claim the property on this form, it will not be exempted, despite your rights under the law. Before filling out this form, you have to decide whether you will use your state exemptions or the federal exemptions.
Married Individuals Filing Joint Returns and Surviving Spouses ( Section 1(j)(2)(A) )Tax YearStandard Deduction2006$10,3002005$10,0002004$9,70030 more rows
Use Schedule C (Form 1040) to report income or loss from a business you operated or a profession you practiced as a sole proprietor. An activity qualifies as a business if: Your primary purpose for engaging in the activity is for income or profit. You are involved in the activity with continuity and regularity.