If I have a payment plan to pay off a portion of a debt over the next 2 years, will I get a 1099-c for last yr since that’s when the plan was made or the yr it is done?

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You would get a 1099C when they cancel the debt. This means you should get the 1099 C when you finish making the payments and they actually cancel the rest of the debt.

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Hi, my federal amount due of $2,781 will be deducted from my chase checking account automatically or I have to make payment some other way?

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If I have a payment plan to pay off a portion of a debt over the next 2 years, will I get a 1099-c for last yr since that’s when the plan was made or the yr it is done?

If I have a payment plan to pay off a portion of a debt over the next 2 years, will I get a 1099-c for last yr since that’s when the plan was made or the yr it is done?

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If I have a payment plan to pay off a portion of a debt over the next 2 years, will I get a 1099-c for last yr since that’s when the plan was made or the yr it is done?

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If I have a payment plan to pay off a portion of a debt over the next 2 years, will I get a 1099-c for last yr since that’s when the plan was made or the yr it is done?

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