1099-C

MGC94 · ‎02-08-2022

1099-C. Do you write off the 1099-C so it isn’t income?

IRonMaN · ‎02-08-2022

But the better question is - is it supposed to be income?

Slava Ukraini!

TaxGuyBill · ‎02-08-2022

Then the question after that is if it is not supposed to be income, what is the reason it is not taxable?

Just-Lisa-Now- · ‎02-08-2022

everyone has a different situation, sometimes its taxable, sometimes they qualify for some or all of it to not be taxable.

https://www.irs.gov/taxtopics/tc431

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

1099-C

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