topic Re: 1099-C in Retirement tax questions

1099-C

rachedo — Wed, 11 Feb 2026 04:18:31 GMT

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.

Re: 1099-C

Bsch4477 — Tue, 06 Feb 2024 20:58:03 GMT

You don’t have to file.

Re: 1099-C

rachedo — Tue, 06 Feb 2024 21:04:19 GMT

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.

Re: 1099-C

Bsch4477 — Tue, 06 Feb 2024 22:04:03 GMT

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