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Debt Relief – Insolvency – Bankruptcy Information » Insolvency » I received 1099c Fr my Marriott timeshare that I foreclosed.I am qualified to file insolvency? Pls help.thanks?

I received 1099c Fr my Marriott timeshare that I foreclosed.I am qualified to file insolvency? Pls help.thanks?

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2 Responses to "I received 1099c Fr my Marriott timeshare that I foreclosed.I am qualified to file insolvency? Pls help.thanks?"

  1. the tax lady says:
    See IRS pub 4681, page 6.
  2. someone says:
    You claim the amount on the 1099 as income on your tax return. Filing bankruptcy does NOT relieve you of your tax liability

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