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Deductions & credits
I sold my home last year. I am a widow.
I am a Romance Scam victim. He got all the money I had in all my accounts (they are now closed - no money) and I sold my home because he needed the sale money- he said he would pay me back. Found out he was not really that person. So the money I received back was also taken. I filed report with the police, with the FBI - filled out their form, and with the FTC. They are not able to take the case any further because he does not reside in this country.
So now I have to report the sale on money I do not have. I read online if I received a 1099 from the mortgage company I would not need to pay taxes on it.
I need help please.
‎February 27, 2021
11:10 AM