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What documentation is required to prove insolvency to the IRS
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I received a 1099c for the short sale of my home. I did not have many assets at the time of the sale, now I need to now how I can prove this to the IRS. I do not want to have to claim over $100,000 as income on my tax return. Can anyone please help me. Thank you.
1099C and Insolvency
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