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1099C in two separate years for the same vehicle.
Our son received a 1099C for a discharged debt on a repo'd vehicle in 2021. We filed that 1099C with his taxes.
We have received another 1099C for the same vehicle for a much larger amount for 2022. How many years can the loan company claim the loss on this vehicle?
‎April 1, 2023
12:48 PM