Hi - Any input would be appreciated. I had car that was totaled in a storm in 2019. Vehicle declared a total loss, and I was told by the bank, the outstanding loan was being fully covered by insuranace (loan was slightly higher than insurance value). Jump forward 4 years and I just received a 2019 1099-C from the bank (Yes, a 2019 1099-C was received in 2023). Bank said it was their error a 1099-C was not issued more timely, but nothing they will do about it. Value of discharged debit is $1700.
Question 1: Can I include as income on my 2023 tax return or must I file a 2019 amended?
Question 2: Can I still file an amended 2019. My 2019 Turbotax is giving me an error message (Error 630) when trying to open?
Thanks.
