Do I Have To Report A 1099-C Cancellation Of Debt On My Tax Return ?
You pickup your mail and you have a Form 1099-C, Cancellation of Debt This is good news, right? A debt you owed has been cancelled or forgiven and you don’t have to worry about repaying it. Don’t forget the Internal Revenue Service (IRS)! Depending on the reason you received this Form 1009-C, [...]