The 1099-C: Tax Consequences of Debt Consolidation

The 1099-C: Tax Consequences of Debt Consolidation Of all of the surprises that can come into the mail for income tax season, perhaps one of the most dreaded is the 1099-C. The IRS categorizes some debts that are forgiven a income source, and therefore qualified to receive fees. Whenever you get this form, you must […]