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Level 1
June 1, 2019
Question

If I get a 1099-C with a Code F do I need to file it?

  • June 1, 2019
  • 1 reply
  • 1 view
Paid an old car loan debt settled for less then org. amount.

1 reply

MargaretL
Level 12
June 1, 2019

Yes, you do have to file 1099-C.  All code F means is that the debt is cancelled as a result of agreement. But it is cancelled and therefore needs to be reported. 

Level 2
June 1, 2019
How do I send it