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Get your taxes done using TurboTax
Does the cycle ever end? What if I get another 1099-c next year or the year after that? is there a statute of limitations or anything similar? There was not a large estate, the disbursements were quite small. If we get another 1099-c in say 5 years, are the beneficiaries still liable? Seems there should be some sort of cut-off. I paid all the debt that I knew about, this came out of left field and I have no idea what else may be out there.
‎January 24, 2022
3:45 PM