Ch. 7, surrendering home/tax question.

[debbie42]

Not sure if this is a silly question, but even though we are surrendering our home, we did pay real estate taxes and mortgage interest for the first 5 months of the year -do we still get a 1098 for our 2009 taxes? I assume they are legally required to issue one, as they always are....

[JoeBankrupt33]

Yes, you should still get these statements and you will still be able to include them in your taxes if you are still able to itemize your deductions.

[debbie42]

Thanks! The being able to itemize this year is a big IF!

[aljohnson007]

At least you can smile because they cannot issue you a 1099 for a forgiven debt.