I just went to bankruptcy court; my house was foreclosed on and the irs sent me a 1099C form. Since I filed bankruptcy, and the mortgage was included in that bankruptcy, do I need to file the 1099C form when I file my taxes?
Technorati Tags: 1099c form, bankruptcy court, irs, mortgage
The latest information about personal bankruptcy, when you should file, alternatives, and free online sources of help.
IRS does not send 1099Cs, creditors do. I would attach a statement that you have not included the discharge of indebtedness income because of bankruptcy along with a copy of the face sheet of your petition.
July 31st, 2009 at 10:39 amyour bankruptcy attorney has the specifics for this. answer depends on the detailed causes for issuing the 1099c.
July 31st, 2009 at 10:39 am