Do I Have Cancellation of Debt Income on My Personal Residence?
Information You Will Need:
- Citizenship status and Filing Status
- Form 1099-C, Cancellation of Debt, received from your mortgage lender
Note: This application is not designed to address the cancellation of debt that applies to a joint liability when debt was cancelled in bankruptcy and only 1 individual filed for bankruptcy. Please refer to Publication 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments (for Individuals).
Estimated Completion Time: 10 minutes. However: 5 minutes of inactivity will end the interview and you will be forced to start over.
The following interview covers the same questions you would answer if you called our toll-free tax assistance telephone number or if you came into a Taxpayer Assistance Center.