Is there a specific dollar amount such as $500.00 that a creditor has to be owed for a 1099-c to be issued on a cancellation of a debt
Add your answer here.
Check out some similar questions!
I issued a 1099 Misc [ 1 Answers ]
I have just issued my brothers a 1099 Misc... It was for some Farm Rent Income that I paid out to 3 brothers... How do I report that on my tax return so I don't pay income on their share... I listed it on Form 4835 on line 30 a-g under Other Expense.. My question will that be OK or will it...
1099 issued in lawsuit settlement [ 2 Answers ]
I have a friend who received a 1099 with an amount in nonemployee compensation. The money was received as part of a lawsuit settlement where she suffered physical sickness due to mistreatment by a nursing home employee. This does not seem right to me that she was given the 1099 at all.
Etiquette for figuring wedding gift of a dollar amount. [ 8 Answers ]
I am having a difficult time arriving at the proper amount to give as a wedding gift for A friend of my son's wedding. This is NOT a relative. It's a very large wedding and My son is standing up for the groom. They have received almost all of the stuff from their registry so I spoke with...
Confusion over nyc issued 1099 Misc form, NJ issued W2, and state taxes [ 1 Answers ]
Hi everyone, I am a canadian citizen and a non resident alien, graduate student in NJ. I reside in NJ and worked as an independent contractor in NYC over last summer. Since I worked on campus for a few months lst year, I was issued a W2 form for $732 in the state of NJ. I also worked as an...
View more questions Search