Question 22 of 30. In the case of a married couple, which of the following statements is true regarding which spouse's assets and liabilities are included on the Insolvency Worksheet? The spouse who received Form 1099-C and was liable for the canceled debt will include only their assets and liabilities. The spouse who received Form 1099-C and was liable for the canceled debt will include only their assets but both spouses liabilities All assets and all liabilities of both spouses are considered whenever the filing status is joint. All assets and all liabilities of both spouses are considered whenever the taxpayer is married. Mark for follow up