Rpk1
Level 2
 
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IRonMaN
Level 15

Same lender, same amount as in they both received the same form or did they each receive the form with half of the amount of debt forgiven?


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Rpk1
Level 2

Same amount same form one in his name one in her name and it is for the full amount of the debit

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IRonMaN
Level 15

I would report both 1099Cs on the tax return and then add a line item in other income something to the effect of "duplicate 1099C received" and enter a negative amount for the amount of the 1099C


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Rpk1
Level 2

good Idea Thanks 

IRonMaN
Level 15

You betcha!


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