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1099-c form

Date: Sat, 02/14/2009 - 19:46

Submitted by anonymous
on Sat, 02/14/2009 - 19:46

Posts: 202330 Credits: [Donate]

Total Replies: 1

1099-c form


I just got two 1099 - c forms one for my deceased husband and one for me for a cancellation of debt.
I am concerned about what if anything I will have to pay to IRS since I am on a fixed income 700.00 a month. How do I handle this?? I have no money to pay the creditor so how can I pay IRS with this interest they want to tack on to me?? I am on disability. Were do I go from her? Is there anyway I can get someone to help me free on this matter Iam confussed on this insolvent total liabilities must be greater then total assets. Can someone please help me ?? thanks