What is the nature of the business entity that received the IRS form 1099-C? C corporation, S corporation, partnership, sole proprietor? Please clarify.
What is the nature of the debt that is cancelled on the IRS form 1099-C Cancellation of Debt?
Is the debt solely the obligation of the business entity? Or is an individual also receiving the form?
See also this TurboTax Help.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
