Legal Question in Bankruptcy in Georgia
Ch. 7 bankruptcy was filed and discharged in 03/2008; home was included in bankruptcy also shown on credit report; now we have received a 1099A in the mail should we submit a 982 with IRS?
Asked on 2/12/13, 8:05 am
1 Answer from Attorneys
Charles Clapp
CMC Law | Law Offices of Charles Clapp
No. There is no tax liability for discharging debt in a chapter 7.
Answered on 3/28/13, 9:28 am
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