446179
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.

kkdabney
New Member

What is an identifiable code g on 1099c form

 
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.

1 Reply
ThomasM
New Member

What is an identifiable code g on 1099c form

Per 1099-C instructions,

"Box 6. Shows the reason your creditor has filed this form. The codes in this box are described in more detail in Pub. 4681. A—Bankruptcy; B—Other judicial debt relief; C—Statute of limitations or expiration of deficiency period; D— Foreclosure election; E—Debt relief from probate or similar proceeding; F—By agreement; G—Decision or policy to discontinue collection; or H—Other actual discharge before identifiable event."

Here's a link to IRS Publication 4681, Cancelled Debts, which discusses all aspects of debt cancellation, including box 6 codes (see page 3):  https://www.irs.gov/pub/irs-pdf/p4681.pdf

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question