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I just want to be sure I understand... I received the 1099-C but was not the beneficiary of the money from the original loan that my daughter used for her college tuition . She received a 1099-C for the same loan that was forgiven. I contacted the issuer and they responded with a basic response and would not send a corrected form or remove me from the record. Since she is adding the 1099-C to her taxable income, what do I need to submit since I will not be adding this to my return? They can't expect 2 people to pay taxes on the same money, can they?
May 11, 2021
7:10 PM