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Re: Help, quick!!
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Posted by LadynRed
(199.91.33.254) on April 02, 2003 at 15:10:20:
In Reply to: Help, quick!! posted by patti on April 02, 2003 at 13:17:28:
Wow.. talk about a screw-up !! However, for the CA's now harrassing you its a good thing. The 1099-C is TOTAL CANCELLATION of the debt and they cannot now continue to try to collect on the damn thing. If you don't mind my asking, how much was 'cancelled' by the 1099-C ? I would think that even though they didn't issue the 1099-C until this year, the actually cancellation of the debt would have to be reported on your 2000 taxes. That would mean filing an amended return for 2000. Time to call H&R Block....
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