1. If the 1099-C is for student loan debt, then it would be tax exempt federal. CA starts with the federal AGI and does not say to adjust for them amount in CA income.
2. The IRS requires a 1099- be sent once it reaches an income point. The rules for claiming the income have temporarily changed while the rules for reporting it /issuing have not changed. The company does not want to be fined, so you get the form.
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