Today I recieved a 1099-C, discharge of a private student loan, for my daughter that I co-signed. I am wondering is it right for the lender to first 1099-C the co-signer OR secondly 1099-C us both? My daughter has yet to recieve a 1099-C. I am also wondering is the 1099-C then taxable? I am on perminent disability and wondering if this has any effect on the loan discharge being taxable?
