Skip to main content
Level 2
Feb 6, 2024 8:40 PM UTC
Question

1099-C

I am a disabled veteran and do not have taxable income from this disability, I am also over the age of 65.

 

I have social security of 7k yearly and a small retirement check of 1800 yearly.

With those two incomes do I need to file as I also got a 1099-C for 13k.

 

    3 replies

    Level 15
    Feb 6, 2024 8:58 PM UTC

    You don’t have to file. 

    rachedoAuthor
    Level 2
    Feb 6, 2024 9:04 PM UTC

    Thank you for the help! The 1099-C won't flag some audit? I have not filed in years as my taxable income was low, but I was not sure with this new form. 

    Level 15
    Feb 6, 2024 10:04 PM UTC

    That form doesn’t affect your tax and doesn’t have to be reported.