You'll need to sign in or create an account to connect with an expert.
Unfortunately, Massaschusetts Dept of Revenue did not and does not Adopt this provision of the Federal Mortgage Forgiveness Debt Relief Act, irrespective of its extension at the Federal level.
See attached statement of DOR
According to the 2017 Instructions for Form 1 Massachusetts Income Tax:https://www.mass.gov/files/documents/2017/12/06/dor-2017-inc-form-1-inst.pdf
I foreclosed on my main home in 2012 and filed bankruptcy. I just received a 1099C dated 3/13/2019 and live in MA. Why did I receive this now this many years later? Why am I obligated to pay 5% Mass Tax on this now? Is there anyway to get around this?
I suggest you contact the Low Income Taxpayers Clinic at Greater Boston Legal Services. There is a tax group there that will be able to provide free expert assistance on your particular situation.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
flame8888
New Member
StaceyVA
New Member
kristelw55
New Member
barias137
New Member
robert-wallace
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.