YouWalkAway Questions & Answers

Here’s what consumers have asked with answers from YouWalkAway staff and previous consumers.

1 questions answered

100% answered in 1 day

Question:

Does anyone know about the tax liability for the amount of money the bank forgives on a foreclosure? i heard that after 12/31/2012, the irs can tax that loan forgiveness amount as income. Does anyone know about the tax liability for the amount of money the bank forgives on a foreclosure? i heard that after 12/31/2012, the irs can tax that loan forgiveness amount as income.

Answer:

I would like to remove my review.

By Cathi W. over a year old

Question:

I used your services in 2010. i recently received a 1099-c debt forgiveness on a loan that was part of the original loan package. should i file my taxes as usual and ignore the 1099c?

Question:

Is you walk away out of business?

Typical questions asked:

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