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1099 misc for house in foreclosure
I recieved a 1099 misc from a mortgage company that bought my house that was in foreclosure. It was a divorce situation; my name was not on the mortgage but was on the deed. I didn't profit from the sale I actually took a huge loss. Am I able to claim insolvency on a 1099misc, so I don't have to pay taxes on this?
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‎February 19, 2022
7:15 AM