Form 1099-C reports canceled debt to the IRS when a creditor has forgiven or erased a balance owed so a taxpayer no longer has to pay it. What Is Form 1099-C: Cancellation of Debt? Lenders must submit ...

Free with your TV subscription. More Information and FAQ NOW: Erika Kirk, Ben Shapiro & Tucker Carlson Speak at Turning Point USA's AmericaFest Summit NOW: Senate Session NOW: Treasury Secretary and ...