I have a 1099-C related to cancelation of home acquiiton debt. Relates to property jointly held in IL. For 2012, married filing separtely return will be filed. Both husband and wife were issued a separate 1099-C for the full amount forgiven. In determing the solvency worksheet for husband and wife, do you take a 50/50 split for the value of the home, the amount of 1099-C and then include any additional assets and liabilities that are owned individual to each respective spouse to determine if either one is insolvent?