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New Member
posted Mar 17, 2025 11:36:32 AM

Can I ignore a 1099-C I received in 2025 for credit card debt from 2016?

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1 Replies
Expert Alumni
Mar 17, 2025 11:41:21 AM

No.

 

If it is a form 1099-C for tax year 2024 that you received in 2025, you have to report it on your 2024 tax return.

 

Please follow the instructions in this TurboTax Help article to enter your form 1099-C.