The Credit Laboratory - Research TeamFeb 62 min readWHAT IS A 1099-C? (Debt Cancellation)A 1099-C is a form used to report the cancellation of debt income to the IRS. It is issued when a debt of $600 or more is canceled or discharged.
A 1099-C is a form used to report the cancellation of debt income to the IRS. It is issued when a debt of $600 or more is canceled or discharged.