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I don't what to do with my 1099-C form?
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Feb 4, 2007, 03:42 PM
supersoccermom
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Join Date: Feb 2007
Posts: 1
I don't what to do with my 1099-C form?
I received a 1099-C cancellation of debt form. Where on my 1040 federal form do have to put this information in?
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Feb 4, 2007, 07:27 PM
#2
AtlantaTaxExpert
Senior Tax Expert
Join Date: Feb 2005
Location: Atlanta, Georgia
Posts: 13,323
Report the income on Line #21, Form 1040. Put "Form 1099-C" on the dotted line to the left of the #21.
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