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    lk123's Avatar
    lk123 Posts: 3, Reputation: 1
    New Member
     
    #1

    Mar 9, 2008, 01:31 PM
    1099C is incorrect
    I received a 1099C that the amount on that does not agree with the
    Settlement really was. How do I get fixed or can I ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Apr 28, 2008, 12:21 PM
    You need to contact the issuer of the Form 1099-C to determine HOW they came up with the figure.

    More than ikely, they added the interest which accrued between the date you agreed and the date the debt was actually forgiven.

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