The Tax Questions Blog

Posts Tagged ‘when to send 1099’s’

Question: Does the IRS reconize "a statue of limitations" when a creditor sends you a 1099 C form?

My husband filed bankruptcy in 2000 and we turned in a vehicle that was in both our names. Apparently the original creditor sold the debt to another company and they sent us both a 1099 C form this year. I never made any agreement with the creditor to repay since we returned the vehicle. I have contacted the attorney for when he filed bankruptcy and he said the violated the law and he wants to sue them on my husbands behalf however I am still stuck with the 1099 form. Is there a statue of limitations for a creditor to file this form?

Answer: Was box 6 marked off showing the debt was discharged during bankruptcy? Was your bankruptcy chapter 11? If so you do not include this amount on your tax return?

Dog Heaven $10.19 In Newbery Medalist Cynthia Rylant's classic bestseller, the author comforts readers young and old who have lost a dog. Recommended highly by pet lovers around the world, Dog Heaven not only comforts but also brings a tear to anyone who is devoted to a pet. From expansive fields where dogs can run and run to delicious biscuits no dog can resist, Rylant paints a warm and affectionate picture of the...

Eaton Vance Enhanced Equity Income Fund II February 2010 Distribution

Eaton Vance Enhanced Equity Income Fund II today announced important information concerning its distribution declared in February 2010. Â This press release is issued as required by the Fund's managed distribution plan and an exemptive order received from the U.S.

Missing Teenage Girls Julianne & Alexis Southern California