Feb
08
Voting Question: Income taxes at the end of the year, debt cancelled.?
ByHello I was in forclosure and my house ended up selling in a short sale, now I have a 1099-C for 84,000 and a 1098 for 11,000. Does this mean they are telling me my these prices will be added to my regualar working income of 40k that I made working so I will have a taxible income of over 100k for this year?