If your husband who died with no will had credit card debt in his name received 1099-C cancellation of debt must you list this income on tax return?

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1123376

2026-07-08 13:25

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You must include all reportable income on the final tax return. Under section 61 of the Internal Revenue Code, forgiveness or discharge of indebtedness is gross income for tax purposes, so looks like that is what you need to do.

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