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1099 C Social Security

The 1099-C form is specifically used to report income related to cancellation of debt. The IRS considers forgiven debt as income.

 

To enter your 1099-C:

  1. Open or continue your return
  2. Search for 1099-C or 1099C (lowercase also works)
  3. Select the Jump to link at the top of the search results
  4. On the Tell us about your canceled debt screen, select the type of canceled debt (main home or other) and then select Continue
  5. Go through the screens to answer any follow-up questions about your canceled debt
  6. Follow the instructions to enter info from your 1099-C

 

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Taylorgang2319
Returning Member

1099 C Social Security

If I decide to withdrawal from social security will this income reported still affect my daughters income since she gets SSI an I’m her payee or just mine 

Taylorgang2319
Returning Member

1099 C Social Security

If I decide to withdrawal from social security will this income reported still affect my daughters income since she gets SSI an I’m her payee or just mine

Taylorgang2319
Returning Member

1099 C Social Security

I have a question I recieve SSI an was told that I have income that was either canceled or forgiven reported the IRS that got reported to SSI my question is if I withdrawal from recieving benefits will this still effect my daughters SSI

DianeW777
Expert Alumni

1099 C Social Security

This is a question for the Social Security Administration (SSA).  Unfortunately we cannot answer that question for you here because we answer questions related to your tax situation.  We are tax experts and cannot offer information related to the rules of Supplemental Security Income (SSI).

 

You may start to find the information you need at the following link:

@Taylorgang2319 

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