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I received a 1099-C for a Student Loan do I have to report it on 1040?
This was a settlement, I paid them some money. I am a teacher at a public high school. Is this a personal debt or a non-personal debt? Do I have to report it on a my 1040?
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I received a 1099-C for a Student Loan do I have to report it on 1040?
Yes, you would report this 1099-C on your tax return. This would be considered a personal debt.
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