Can you fact-check that reply regarding everyone receiving a 1099-C no matter how small please, TurboTaxSeanE? Ive read on intuit.com that people ONLY receive a 1099-C if they settled $600 or more in debt; otherwise a creditor is not required by the IRS to file a 1099-C if no more than $600 has been cancelled off of the original debt owed.
