https://ttlc.intuit.com/community/taxes/discussion/is-there-an-established-limit-to-how-long-after-a-debt-has-gone-delinquent-that-a-company-can-file-a/01/402180#M166056 <P>We had a vehicle voluntarily repossessed in Nov 2007.&nbsp; They filed a 1099C in 2016.&nbsp; I don't understand why they are able to submit this debt this much later.&nbsp; Is there a clear precedent for this? An established length of time in which this can be filed?&nbsp;</P> Tue, 04 Jun 2019 20:03:48 GMT Julesmc814 2019-06-04T20:03:48Z https://ttlc.intuit.com/community/taxes/discussion/is-there-an-established-limit-to-how-long-after-a-debt-has-gone-delinquent-that-a-company-can-file-a/01/402180#M166056 <P>We had a vehicle voluntarily repossessed in Nov 2007.&nbsp; They filed a 1099C in 2016.&nbsp; I don't understand why they are able to submit this debt this much later.&nbsp; Is there a clear precedent for this? An established length of time in which this can be filed?&nbsp;</P> Tue, 04 Jun 2019 20:03:48 GMT https://ttlc.intuit.com/community/taxes/discussion/is-there-an-established-limit-to-how-long-after-a-debt-has-gone-delinquent-that-a-company-can-file-a/01/402180#M166056 Julesmc814 2019-06-04T20:03:48Z https://ttlc.intuit.com/community/taxes/discussion/if-a-1099-c-is-issued-in-2016-it-has-to-be-reported-in-t/01/402188#M166059 <P>If a 1099-C is issued in 2016, it has to be reported in that year. Please see the answer provided by another TurboTax agent:</P><P> <A href="https://ttlc.intuit.com/replies/6500320" target="_blank">https://ttlc.intuit.com/replies/6500320</A> <BR /> </P> Tue, 04 Jun 2019 20:03:49 GMT https://ttlc.intuit.com/community/taxes/discussion/if-a-1099-c-is-issued-in-2016-it-has-to-be-reported-in-t/01/402188#M166059 SamiaI 2019-06-04T20:03:49Z