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Tag: Taxable Income

My Ex-spouse Took The House During Our Divorce And Filed For Bankruptcy. Do I Owe Taxes On The Forgiven Debt

Calculator and documents on a desk, with three wooden blocks spelling "TAX" in the foreground, hinting at considerations of forgiven debt.

Q: I received a 1099-c form from the mortgage company I used to have a loan with. My ex-wife and I were both on the mortgage. She took the house in the divorce and never got my name off of the loan. She then filed bankruptcy. I received the 1099c form that simply showed the […]

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