I’m sorry, but I don’t think this is correct. I did not receive a 1099c from 4 debtors - so didn’t claim the forgiven amount on my taxes. Two years later, I get a letter from the IRS that I owe a little more than $3600 because I didn’t claim the income. I tried to re-do the firm 982 with all information and they did not accept it. I had to pay. Even if you don’t get a 1099c I would claim the forgiven amount!!
