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1099-c question

Discussion in 'Debt collection' started by rayrod, Apr 16, 2018.

  1. rayrod

    rayrod Guest

    so my spouse settled her consumer cc debts and recvd 4 1099-c from them . how do you handle this for tax filing? we want to claim insolvency. We own a home together. do we put 50 of its value for her assets? what about the mortgage? 100 or 50 pct of it ? while you can parse the asset , you cannot send in one mortg payment.
     
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