Categorized | First time home buy

How To File An Amended Return After Receiving A 1099c But Plan To File A 982 For A Discharge Of The Debt?

I filed my taxes, they were accepted and my refund was returned. However I just received a 1099-C from the short sale of our home in 2010. I now need to amend my return. The tricky part is this 1099-C qualifies for the mortgage debt relief act and it will not effect or change anything. So I have to do an amended return and include the 982 form showing the discharge of the debt. My question is, do I do the amended return and just leave everything blank and in part III just explain that I received the 1099 C and qualify for the mortgage debt relief act; and include the form 982?
Thank you for any insight!

Incoming search terms:

This post was written by:

- who has written 15546 posts on First Time Home Buy.


Contact the author

Leave a Reply

Related Sites

Powered by Yahoo! 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