1099c question
Date: Wed, 06/10/2009 - 17:18
1099c question
The SOL just expired on two old credit cards. If the debt owner sends a form 1099c to me, will the balance be only the original debt amount at time of default?
Does a 1099c report the interest and fees?
Does the IRS use the interest and fees in calculating taxable amount?
Does a 1099c report the interest and fees?
Does the IRS use the interest and fees in calculating taxable amount?