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Business & farm
You can enter the figure from the 1099-C on Line 8 of the 1041 as Other income and provide a description (although the IRS has never released guidance on how to report this type of IRD on a 1041).
Personally, I would file the return by mail and include a copy of the 1099-C.
March 30, 2025
7:19 AM
1,282 Views