ericastiffler
Jan 24, 2009, 11:16 PM
I settled several credit cards in 2008. I realize I'm responsible for the forgiven amount on my taxes which will be filed 2009.
I haven't received ANY 1099's. Ive called my creditors, and they either say they sent them, or they don't know what I'm talking about. Ive asked them to send them again, or to send me a statement with the amounts forgiven so I know how much to claim. One of these accounts was with an attorneys office, and the others remained with the original creditor at the time of settlement.
I am insolvent. Im not responsible for the tax, but what am I supposed to do in the event I don't receive the 1099c? Do I just claim that amount on form 982? Will I be audited if the IRS didn't get the 1099, and I've claimed income that they aren't aware of via the 1099?
For real, I don't want to get audited. What is my best option here? Do I claim the total amount of forgiven credit on form 982, and also report my assets liabilities without the 1099c's?
Or do I do nothing, and just file my taxes like normal if I don't get the 1099c's?
Can I call the IRS to find out if they've received them? I've called them with questions about form 982 and they are NO HELP whatsoever.
I haven't received ANY 1099's. Ive called my creditors, and they either say they sent them, or they don't know what I'm talking about. Ive asked them to send them again, or to send me a statement with the amounts forgiven so I know how much to claim. One of these accounts was with an attorneys office, and the others remained with the original creditor at the time of settlement.
I am insolvent. Im not responsible for the tax, but what am I supposed to do in the event I don't receive the 1099c? Do I just claim that amount on form 982? Will I be audited if the IRS didn't get the 1099, and I've claimed income that they aren't aware of via the 1099?
For real, I don't want to get audited. What is my best option here? Do I claim the total amount of forgiven credit on form 982, and also report my assets liabilities without the 1099c's?
Or do I do nothing, and just file my taxes like normal if I don't get the 1099c's?
Can I call the IRS to find out if they've received them? I've called them with questions about form 982 and they are NO HELP whatsoever.