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Where can I write off collection judgements I paid or where/how do I mark I paid them when sold a property?
Years ago, I had lost my job and fell behind on credit card debt. I had some collection judgements from it. I know the credit card companies had written off the debt those years back and I was taxed as income. I recently sold inherited property that apparently had the liens from the collection judgements on it. So where or how do I list that I paid the judgements off. The money was paid from the sale of the property and directly to the collection companies. How do I file the amounts I paid?
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‎April 4, 2021
6:52 PM