Sandbug634
Level 1
04-14-2020
01:34 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a client that received a 1099-C (Cancellation of Debt) for a credit card in her deceased spouse name and his social security number. Does she have to claim it on her returned? He died in 2016.
Best Answer Click here
Sandbug634
Level 1
04-14-2020
01:45 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It's not an estate or property debt. It is a credit card in his name and it was not a joint account. If her name and social security number is not on it, is she still responsible. I would think she did not have to report it.
sjrcpa
Level 15
04-14-2020
04:01 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You're talking to yourself, and answering your own question. 😏 We like that. We had a blind squirrel around here that did that. RIP Henry. Bet you're glad you're not around for this tax season.
Ex-AllStar
