March 5, 2011
Question by Diddle: Do I have to file this 1099-C (cancellation of debt)? I settled a debt with a credit card company. I owed them a certain amount but they offered me a settlement deal so that I could pay them less than what was fully owed and the debt would be “paid as agreed [...]
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December 13, 2010
Question by Diddle: Do I have to file this 1099-C (cancellation of debt)? I settled a debt with a credit card company. I owed them a certain amount but they offered me a settlement deal so that I could pay them less than what was fully owed and the debt would be “paid as agreed [...]
Read the full article →