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Anyone deal with a 1099-C form

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Anonymous
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Anyone deal with a 1099-C form

Trying to short sale a "underwater" condo and wondering what to expect from a 1099-C form

 

Thanks

Message 1 of 3
2 REPLIES 2
Anonymous
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Re: Anyone deal with a 1099-C form

Anyone?

 

Message 2 of 3
cartwrna
Valued Contributor

Re: Anyone deal with a 1099-C form

You have to claim it on your taxes, and pay taxes on it as income. Hope that helps. Google is your best friend Smiley Happy
Don’t take your credit for granted, use it with care! These days, catch me in the bankruptcy forum!?
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