turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Insolvency help

I received a 1099-C in 2018 for 3k and change.  I was insolvent in w018. I filed Form 982. I received a notification 6 months later that I owed 3k + interest. I re-filed form 982, along with over 100+ pages of proof of insolvency. 2 years later I receive another notification of money owed. I call the IRS, they tell me I need to submit Form 982.  I do this, again, etc

 

its now 2025, and after 2+ years of receiving “we need more time” letters, I receive a new bill, with more interest and penalties.  

Am I doing something wrong? Is there a way to actually get hold of a human being at the IRS? Do I just keep submitting what I have?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

Insolvency help

You should contact your local IRS office.  See this IRS website for local IRS offices - http://www.irs.gov/uac/Contact-Your-Local-IRS-Office-1 or call 1-844-545-5640 to set up an appointment

Insolvency help

Or contact the Taxpayer Advocate.

https://www.irs.gov/taxpayer-advocate

 

It doesn't make sense for a start that you would owe $3000 in tax if your 1099-C income was just $3000.  Was there something else they adjusted?  If you can't make headway with the IRS you likely need a local professional to look over all your files and correspondence to figure out where you are at this point. 

Insolvency help

3k is what I owed, the 1099c was for around 10k.  What I owe is just from the added 10k.  However, I was insolvent (by a lot).  I tried asking this question on Reddit Tax and they think the 1099 can follow you forever until you pay it…

Insolvency help

I’ll try this, thanks

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question