Re: Paying taxes on written off amounts

Posted by observer (205.188.209.12) on October 07, 2002 at 17:12:24:

In Reply to: Re: Paying taxes on written off amounts posted by LadynRed on October 07, 2002 at 15:28:37:

Hiya Ladynred! Glad you're back.

You may not have a tax liability if you are insolvent in the year you received the 1099C. You may wish to speak with an accountant now to see where you stand on this issue.

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