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Re: Does a 1099c "complete" the deal?


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Posted by LadynRed (199.91.33.254) on October 14, 2003 at 14:20:31:

In Reply to: Re: Does a 1099c "complete" the deal? posted by Taziblue on October 14, 2003 at 10:00:34:

In addition, you won't necessarily have to report it as income on your taxes IF you were insolvent at the time the 1099 was issued. Once you can prove that (and it's not hard), you're clear of it.


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