Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Sep 9, 2019 11:58:23 AM

Form for share of 1099C debt

I received a 1099C form after a foreclosure on a former marital home. Per my divorce agreement, I am responsible for 40% of debt associated with the home. My questions: 1. Can I exclude this debt in MA? If so, what form do I use?  2. If I cannot exclude it , what form do I use to signify my 40% responsibility of this  debt? Thank you for your assistance!

0 1750
0 Replies