Thank you Kris. That makes sense and matches up with what the other Tax Experts wrote back with. I double checked the letter I got from my bank with the check and it was for credit card interest remediation which matches what the bank told me. It was then giving me back overcharges on interest, not any forgiveness of loans, etc. They laws on reporting must have change because AMEX did the same on my accounts many years ago and I never got a 1099.
Regardless thank you for your information and I will follow the steps.
Jason
