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posted Feb 9, 2020 2:59:10 AM

Received a 1099-C from Wells Fargo for my 2nd. I am not sure if this a coincidence but they sold my 1st mortgage to a different company in 2019 which I am current with.

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Expert Alumni
Feb 9, 2020 7:44:33 AM

 

 

If you suspect if you should not receive a Form 1099-C, I would suggest you contact your mortgage company to verify.  As you received the 1099-C, the IRS is also receiving a copy.  They would expect to see the information on your tax return.  Therefore, make sure you straighten out the issue with the mortgage company so that you will report the information correctly on your taxes.