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What is a 1099-C?

What is a 1099-C?


  1. I just received a 1099-C. Will this prevent or delay my IRS refund? Any help from an expert would be so appreciated! I efiled my taxes on February 1 and my return was...

  2. IRS Form 1099-C… A few questions? 1) I know one of the exemptions for paying tax on a 1099-C is insolvency- what is insolvency and does...

  3. Need Some Clarification Regarding How to Handle 1099′s for Cancellation of Debt Income? In response to a question I asked previously regarding cancellation of debt related to my 2009 Debt Settlement activity, someone...

  4. Why did we receive a 1099-misc from the law firm that handled our foreclosure? We understandably received a 1099-A (Acquisition or Abandonment of Secured Property) from the Freddie Mac on behalf of our mortgage...

  5. Canceled Debt and Form 1099-C A brief look at the IRS’s definition of Canceled Debt as well as Form 1099-C. ...

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