If I get a 1099C, does that mean my debt is paid? A form 1099C, Cancellation of Debt, is issued by a creditor when a debt is discharged for less than the full amount you owe following an identifiable event and that amount is $600 or more (you A 1099A is used when you a lender forecloses on your house or you abandon your house A 1099C is used when you have debt canceled or forgiven When will I get a Form 1099C?
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