turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Does a home that was in foreclosure and repossessed that was my ex husband s count if we were divorced and he's remarried? I haven't lived in the home since 2014?

I got a 1099 for $70,000 and he's not employed and won't file.  Am I responsible for the taxes? I have not lived in the home since 2014
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
ColeenD3
Expert Alumni

Does a home that was in foreclosure and repossessed that was my ex husband s count if we were divorced and he's remarried? I haven't lived in the home since 2014?

If you received a 1099 for income for the sale/cancelled debt/foreclosure/repossession of your former home, your portion of the gain could be taxable. It might be best to consult an attorney.

 

You may be able to file Form 982 to see if you qualify for insolvency

 

Please see this LINK for more information regarding Form 892 and this LINK for canceled debt.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies