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    lfoley's Avatar
    lfoley Posts: 1, Reputation: 1
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    #1

    Feb 4, 2009, 04:37 PM
    Where do I put form 1099C on 1040
    How do I record form 1099c on form 1040?
    Gimpdiggity's Avatar
    Gimpdiggity Posts: 4, Reputation: 1
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    #2

    Feb 4, 2009, 05:20 PM
    Quote Originally Posted by lfoley View Post
    How do I record form 1099c on form 1040?
    It will end up going in the line for "Additional Income." I think it's line 20, or 21.

    If it's a 1099c from a foreclosure of a home, though, there are some extra things you can do to avoid paying taxes on that as income.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Feb 4, 2009, 11:19 PM

    Yes, for what reason you got 1099-C debt cancellation?
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