I HAD DEBT DISCHARGED BY CH 13 BANKRUPTCY IN DEC. 2016. I ALSO AVOIDED A JUDGMENT AND A LIEN ON MY HOUSE FROM A CREDIT CARD CO. DO I HAVE TO SHOW THIS ALL ON MY TAX RETURN. iF YES, THEN WHERE?
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You may not receive 1099-Cs for debt that was discharged as a result of bankruptcy.
Debts that are discharged in bankruptcy are not considered to be taxable income (it is one of the exceptions to the need to report 1099-C income).
You may not receive 1099-Cs for debt that was discharged as a result of bankruptcy.
Debts that are discharged in bankruptcy are not considered to be taxable income (it is one of the exceptions to the need to report 1099-C income).
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