|
|
| *Loan,banking and credit>>>tax information |
I am waiting for a 1099 c to come in the mail can i file my taxes without it if i have all the information? |
I am waiting for a form 1099 c cancellation of debt form to come in the mail.Do i have to have the form before i file my taxes or can i just show my tax preparer the information i have from the letter they sent me when i made the settlement agreement. You don't need that 1099_C to file, as long as you KNOW 100% what it will have on it because the IRS will get a matching copy. Were you solvent at the time of discharge? if so, this is taxable income. If not, you might have non-taxable income. Consult your tax advisor. Enrolled Agent / Tax Advisor you can file without it but you will probably need to make an amendment to your return once you receive the form. your tax preparer should advise you of this. taxpater and self-filer for 15 years Since Form 1099 is not filed with your return, you can go ahead if you are sure that the numbers are right. Take a look at that letter again though. It might be in lieu of Form 1099. If if is, it should so state somewhere. In that case, you won't get a Form 1099; the letter takes its place. You can file your return without it, as long as you know what the correct amount to report is. |
| Tags |
| tax exempt tax filing tax forms tax help tax id tax information tax law tax number tax online tax planning tax preparation |
SiteMap--Copyright/IP Policy--Contact Webmaster For personal non-commercial use only. |