Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
ams
New Member

Do I need to file an amended tax return for a corrected 1099c cancellation of debt if the amount claimed is exactly the same?

I received a 1099 - C form in 2014 for cancellation of student loan debt for $10,000 that I filed on my taxes. In December, 2016 I received a corrected 1099 - C form from the same bank for the same amount of $10,000 on the same debt.  Do I need to file an amended tax return for 2014?
1 Best answer

Accepted Solutions
KenH1
New Member

Do I need to file an amended tax return for a corrected 1099c cancellation of debt if the amount claimed is exactly the same?

There is no need to amend since the numbers are exactly the same.

View solution in original post

4 Replies
KenH1
New Member

Do I need to file an amended tax return for a corrected 1099c cancellation of debt if the amount claimed is exactly the same?

what was the correction?
ams
New Member

Do I need to file an amended tax return for a corrected 1099c cancellation of debt if the amount claimed is exactly the same?

I can find no change on it. It appears exactly the same.
KenH1
New Member

Do I need to file an amended tax return for a corrected 1099c cancellation of debt if the amount claimed is exactly the same?

There is no need to amend since the numbers are exactly the same.
KenH1
New Member

Do I need to file an amended tax return for a corrected 1099c cancellation of debt if the amount claimed is exactly the same?

There is no need to amend since the numbers are exactly the same.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.61m
Discussions

Manage cookies
v