If you had $600 or more forgiven, they are required to send you the form and provide that information to the IRS. If you were forgiven less than $600, you are still required to file it on the "Other Income" line of your 1040.
Have you been notified by creditors that you had debt canceled?
@seekcredit wrote:
@longtimelurker wrote:
@seekcredit wrote:
@K-in-Boston wrote:If you had $600 or more forgiven, they are required to send you the form and provide that information to the IRS. If you were forgiven less than $600, you are still required to file it on the "Other Income" line of your 1040.
Thank you Boston,
how do I know if they sent it or not
If they sent you the form, it was sent to the IRS. If it is less than $600, they don't HAVE to send the form to you (but you are still required to report it), but if you are sent the form, you can be certain that the IRS does too!
Thank you @longtimelurker
I did not file for the last two years therfore, the IRS does not have my actual address!
I tried calling the IRS but due to COVID they're not taking phone calls.
Sure they are, you just need to know how to get through. I spoke to them earlier this week.
- The IRS telephone number is 1-800-829-1040.
- The first question the automated system will ask you is to choose your language.
- Once you’ve set your language, do NOT choose Option 1 (regarding refund info). Choose option 2 for “Personal Income Tax” instead.
- Next, press 1 for “form, tax history, or payment”.
- Next, press 3 “for all other questions.”
- Next, press 2 “for all other questions.”
- When the system asks you to enter your SSN or EIN to access your account information, do NOT enter anything.
- After it asks twice, you will be prompted with another menu.
- Press 2 for personal or individual tax questions.
- Finally, press 4 for all other inquiries. The system should then transfer you to an agent.
