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Get your taxes done using TurboTax
This should not be an issue if you report it the way ThomasM suggests. If you had reported this on your S-Corp return, the 1099C income would have been passed on to you regardless for you to report in your own personal return.
You will still report this on this year's personal return as if this 1099C had been issued in your name.
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March 21, 2023
9:42 AM